Summary
- 42 renewable energy projects approved under 2026 FiT exercise.
- Projects expected to catalyse RM4.3 billion investment.
- About 7,738 indirect jobs projected.
- Combined capacity reaches 331.355MW.
KUALA LUMPUR, August 22 — Malaysia’s renewable energy transition is expected to catalyse RM4.3 billion in investment and create about 7,738 indirect jobs, Economy Minister Akmal Nasrullah Mohd Nasir said.
A total of 42 biogas, biomass and small hydropower projects were approved under the 2026 Feed-in Tariff e-bidding exercise, representing 331.355MW of capacity.
The projects are also expected to generate RM617 million in demand for locally manufactured gas engines and boilers. Akmal said the projects, expected to enter the system between 2029 and 2030.
Would strengthen domestic supply chains while supporting Malaysia’s target of 70% renewable energy installed capacity by 2050.
