PETALING JAYA, The Ministry of Energy Transition and Water Transformation (Petra) is streamlining its processes to cut red tape and speed up the rollout of renewable energy (RE) projects awarded through competitive bidding.
Deputy Prime Minister and Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof said the move aims to support Malaysia’s energy transition goals under the National Energy Transition Roadmap (NETR).
He noted that while technology remains central to developing green energy, system reliability and fuel diversity are also key factors to consider as electricity demand continues to rise.
“To meet growing demand, Malaysia must address these challenges effectively. The government will continue to maintain competitiveness in the bidding process while encouraging innovation from investors,” Fadillah said in his speech at Malakoff Corporation Bhd’s 50th anniversary celebration on Wednesday night.
Under the NETR, Malaysia targets an RE capacity mix of 41% by 2035 and 70% by 2050. Fadillah said Petra continues to play an active role as a facilitator, coordinator and driver of the nation’s energy transition.
Among the ministry’s efforts, he highlighted the launch of the Large-Scale Solar (LSS) 5+ programme in January, which offers a record 2,000 megawatts of new solar capacity.
Petra is also promoting clean energy access through the Corporate Green Power Programme (CGPP) and the Corporate RE Supply Scheme (CRESS), he added.
“These initiatives will help boost renewable energy capacity, enhance market confidence and attract more private investment,” said Fadillah. Also present were Malakoff chairman Tan Sri Che Khalib Mohamad Noh, group CEO Syahrunizam Samsudin and Bernama CEO Datin Paduka Nur-ul Afida Kamaludin.
