Malaysia wants more solar investments


Dateline 2019-07-11, NST:

 The government is committed to fulfilling its promise in the Pakatan Harapan manifesto to raise Malaysia’s installed capacity of renewable energy from two per cent last year to 20 per cent by 2025.

“We are on track. Although some detractors say this renewable energy target in our country’s power mix may seem ambitious, I believe it is doable,” said Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.

In making renewable energy financing more attractive, Yeo said the government had expanded the list of assets available for the Green Investment Tax Allowance from nine to 40 items.

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