YB Wong Provides Update on Opportunities in Renewable Energy and Success of the FiT Scheme

PUTRAJAYA, Oct 15 (Bernama) — Yang Berhormat Tuan Wong Kah Woh, Chairman of Sustainable Energy Development Authority (SEDA) Malaysia shared on the opportunities to spur the growth of renewable energy (RE) in the country and the success of the feed-in tariff (FiT) scheme.

The Government has set an ambitious target to achieve RE target of 20% in the national installed capacity mix by 2025 (excluding large hydro >100MW). During YB Puan Yeo Bee Yin, Minister of MESTECC’s speech during IGEM 2019, a total of 6,906 MW is required from 2019 to 2025 in order to achieve the said target. Given the time which is less than a decade and a huge gap to gauge with the total RE is 6% of the national installed capacity mix, SEDA is acting aggressively to achieve the national target. Despite the solar-centric schemes, SEDA has also initiated a few initiatives to boost the non-solar energy generation in the country.

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