MSCA E-NEWSLETTER VOL.4

The Opportunity Renewable Energy In Malaysia

In Malaysia, the main sources of renewable energy supplies are from hydro, solar, and biomass. To support Malaysia’s 2025 target – to have 31% of total power capacity from renewable energy sources, can be achieved by increasing various solar sector projects all around Malaysia. Besides having relatively high irradiation levels, Malaysia already has an established solar manufacturing sector. Due to Malaysia’s geographical location in the equatorial zone – which has high irradiation levels, and as well as the recommendation by the Governments under various roadmaps, the solar investment sector has grown as an alternative source of energy.

by Malaysian Photovoltaic Industry Association (MPIA)

How much do we need solar power energy?

Our climate is changing rapidly and a revolution in the energy sector is very crucial to achieve environmental sustainability. To keep the global temperature within 1.5 degrees Celcius as stipulated under the Paris Agreement, the world needs to move away from using carbon-derivative energy sources to renewable energy and technologies. Based on United Nations (UN), renewable energy is energy derived from natural sources that are replenished at a higher rate than they are consumed. 10 Countries Leading the Charge on Renewable Energy

Malaysia Renewable Energy Roadmap (MyRER) was launched in 2021, by the Ministry of Energy and Natural Resources and Sustainable Energy Development Authority (SEDA).

Uruguay generated 98% of its electricity from renewable in 2021

Sweden is on track to reach 100% renewable energy by 2040

Costa Rica produces 98% of its electricity from renewable energy

20 Germany set a target to reach 80% renewable power by 2030.

▪ MyRER set to achieve the national aspiration of 31% and 40% RE capacity by 2025 and 2035, respectively. ▪ MyRER detailed with the country’s RE’s development plans for the transition towards a low-carbon energy system in the short- and medium-term. ▪ MyRER outlines a strategic framework to achieve the country’s RE development vision, namely ‘Towards a Low Carbon Energy System’ ▪ MyRER highlights four technology-based pillars of solar, bioenergy, hydro and new sources. ▪ MyRER will provide guidance in the deployment of RE while driving its growth in Malaysia.

China is the world leader in wind and

Denmark aims to be 100% fossil-fuel-free by 2050.

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solar energy production.

24 84% of New Zealand’s electricity comes from renewables energy.

Norway produces 91.5% of its electricity output from hydro

Morocco is home to the world’s biggest solar farm

Scotland generated 18,568 GWh of renewable electricity in the first half 2022.

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