Malaysia Renewables Sector Report 2025-2026

Malaysia's renewable energy sector is expanding, driven by ambitious government targets, solid policy frameworks and strong domestic and foreign investment interest. Total installed renewable energy (RE) capacity reached 9.45 GW in 2024, up from 9.29 GW in 2023, with hydro (65.9%), solar (24.4%), and bioenergy (9.6%) as the main contributors. In 2024, renewables accounted for nearly 19.7% of Malaysia's power generation, with the government targeting 31% RE capacity by 2025, 40% by 2035, and 70% by 2050. The sector's growth is underpinned by strategic programmes like the National Energy Transition Roadmap (NETR), Malaysia Renewable Energy Roadmap (MyRER), and strong investment support for solar, hydro and biomass project pipelines.

This report provides a complete and detailed analysis of the "Renewable energy" sector for Malaysia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Renewable energy" sector in Malaysia
• Crystallise the forces both driving and restraining this sector in Malaysia
• Ascertain Malaysia’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Malaysia.
• Build a clear picture of trends, output and consumption for specific sub-sectors