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Petra approves 48 renewable energy projects, to generate over RM1.8 billion in investments

18 Jul 2025, 10:01 AM
Petra approves 48 renewable energy projects, to generate over RM1.8 billion in investments

PUTRAJAYA, July 18 — The Energy Transition and Water Transformation Ministry (Petra), via the Sustainable Energy Development Authority (Seda) Malaysia, has approved the development of 48 Renewable Energy (RE) projects from biogas, biomass, and small hydropower sources.

The projects have a total capacity of 181.25 megawatts (MW), under the Feed-in Tariff (FiT) mechanism.

It said the approved RE projects were expected to generate investments worth RM1.87 billion in the renewable energy sector and would begin supplying green electricity to Tenaga Nasional Berhad (TNB) as early as 2028.

"The implementation of new RE projects under the Feed-in Tariff mechanism is part of Petra's commitment to increasing the share of RE in the national electricity supply mix to 70 per cent by 2050.

"The effort to boost the capacity of biogas, biomass and small hydropower sources will also strengthen the reliability of the country’s electricity supply by diversifying RE generation sources and providing firm or consistent electricity supply,” Petra said in a statement today.

It added that it was confident the FiT mechanism-based RE initiative would catalyse more progressive and positive growth of the domestic renewable energy industry, in line with the core principles of Malaysia Madani, which emphasised sustainability, innovation, and shared prosperity.

“The government announced the offering and opening of FiT approval applications totalling 190MW for three RE sources — biogas, biomass, and small hydropower — from January 15 to February 19, 2025," Petra said.

The government had invited eligible RE developers to submit applications for participation in an e-bidding process during that period.

59 applications were received, with 48 that met the prescribed technical and financial criteria approved.

The approvals comprise 20 projects with a total quota of 30.93 MW for green electricity generation from biogas, eight projects with a quota of 53.50 MW (biomass), and 20 projects with a quota of 96.82 MW (small hydropower).

Further details on the e-bidding results under the Feed-in Tariff mechanism managed by Seda Malaysia are available on its official website.

— Bernama

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