The solar power market in Malaysia is showing a lot of promise, and will be instrumental in achieving Malaysia’s sustainability targets.
FACTS
Total installed capacity
1 933 MW
Percentage of electricity mix
2%
Long-term sustainability target
Reduction in carbon emissions against GDP of 45% by 2030; net zero by 2050
The last few years have seen an increase in the installed capacity of solar in Malaysia, in line with the government’s goal to have installed 9 GW of solar capacity by 2050. The solar market is thus expected to continue to grow rapidly, thanks in part to government initiatives and policies.