Malaysia is experiencing fast-growing electricity demand and the Government has set a target for renewable energy to reach 11% of the country's total energy mix by 2020.

Market approach

Scatec Solar entered the Malaysian large-scale solar energy market by joining forces with a local ItraMAS-led consortium that has signed three 21-year Power Purchase Agreements (PPAs) with the country's largest electricity utility, Tenaga Nasional Berhad (TNB).

More about this market

Malaysia has taken several steps to enhance clean energy deployment. One key initiative has been to adopt the renewable energy feed-in tariff (FiT) mechanism under the country’s 2011 Renewable Energy Act.