
42 renewable energy firms awarded 2026 FiT projects worth RM4.3 billion
Malaysia has awarded 42 companies renewable energy projects under the 2026 Feed-in Tariff scheme, expected to attract RM4.3 billion in investments and create over 7,700 jobs.
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Malaysia has awarded 42 companies renewable energy projects under the 2026 Feed-in Tariff scheme, expected to attract RM4.3 billion in investments and create over 7,700 jobs.

Malaysia's renewable energy installed capacity has reached nearly 32 per cent, placing the country on track to achieve its 35 per cent target by 2030, according to Deputy Prime Minister Datuk Seri Fadillah Yusof. The milestone reflects progress under the National Energy Transition Roadmap.

Malaysia's National Climate Change Bill, expected in Parliament this year, will establish the country as the 60th nation globally and second in ASEAN with comprehensive climate legislation. The government also plans to introduce a carbon tax framework.