Key Market Indicators
Malaysian Renewable Energy Generation Poised for Growth KUALA LUMPUR - Malaysia's renewable energy generation is on track to hit 5 terawatt-hours by 2028, up from approximately 4 terawatt-hours in 2023, according to recent projections. This growth represents an average annual increase of around 2.3%. Since 2005, the country's renewable energy supply has surged, posting an impressive average annual growth rate of 16.5%. This upward trend underscores Malaysia's commitment to expanding its renewable energy sector and reducing its carbon footprint. As the nation continues to invest in sustainable energy solutions, industry experts anticipate that Malaysia will play a significant role in the global shift towards greener power sources.
