- Malaysia launches a 2 GW solar tender to boost renewable energy and reach 70% by 2050.
- The tender includes 1.5 GW of ground-mounted solar and 500 MW of floating solar projects.
- Bids close by February, with projects expected to start operations by 2027.
The Energy Commission of Malaysia (EC) launched a tender to develop 2 GW of large-scale solar capacity. Malaysia aims to diversify its energy mix and reach 70% renewable energy by 2050, driving this latest initiative.
The tender is divided into two packages. The first focuses on ground-mounted solar plants, with capacities ranging from 30 MW to 500 MW, totalling 1.5 GW. The second package targets floating solar projects, ranging from 10 MW to 500 MW, adding up to 500 MW.
These projects will come online by 2027, reducing Malaysia’s dependence on fossil fuels and increasing its renewable energy share. The Large Scale Solar (LSS) program drives this initiative, with the Ministry of Energy and Natural Resources (Petra) overseeing the energy transition plan.
In April 2024, Malaysia issued a similar 2 GW solar tender, underscoring its focus on expanding solar capacity. This move supports the country’s efforts to shift to cleaner energy while enhancing the grid’s ability to accommodate renewable sources.
Companies must submit their bids by the end of February, with documents available online. After the bidding process, construction will soon begin, and operations will start by 2027. The timeline allows sufficient planning before the construction phase kicks off.
Malaysia’s energy policy prioritises transitioning to green energy, with solar power emerging as a key focus. The LSS program is central to ensuring solar projects help meet the country’s renewable energy goals.
Regional and international investors remain keen on the tender’s outcome. Large-scale solar projects offer significant investment opportunities, especially for those interested in the Asian renewable energy market. Malaysia’s emphasis on solar could also influence neighbouring countries’ energy policies.
Through this tender, Malaysia takes another step toward its energy transition goals. By 2027, the new solar capacity will significantly contribute to achieving its renewable targets and cutting fossil fuel reliance. This move highlights the government’s commitment to a sustainable energy future, with solar playing a pivotal role.
As Malaysia grows its green energy portfolio, solar energy will create a cleaner, more sustainable energy system. The country’s drive toward solar reinforces its long-term vision for a renewable-powered future.