Analysts foresee strong momentum ahead for Malaysia's renewable energy sector

Terengganu Charts Path to Lead Malaysia’s Renewable Energy Drive

Terengganu is aiming to establish itself as Malaysia’s renewable energy powerhouse by launching a series of clean energy projects that would reshape the state’s industrial landscape. PETRONAS Senior Vice President of Malaysia Petroleum Management, Datuk Ir. Bacho Pilong emphasised this goal at the East Coast Energy 2025 Seminar in Kuala Terengganu. He stated that the state is transitioning away from its traditional oil and gas industry and towar…

Analysts foresee strong momentum ahead for Malaysia's renewable energy sector

Analysts have foreseen strong momentum ahead for Malaysia’s renewable energy sector, anchored by strong policy pipeline. Maybank Investment Bank said in its recent report that the sector outlook remains upbeat into FY26. According to the research house, the Malaysian government is progressing toward large-scale solar 5+ program (LSS5+) and LSS6 rollouts, with request for proposals (RFPs) expected to be released in the second half this year. LSS6…