Kuala lumpur: The Ministry of Energy Transition and Water Transformation (PETRA), through the Sustainable Energy Development Authority (SEDA) Malaysia, has approved the development of 48 Renewable Energy (RE) projects from biogas, biomass, and small hydropower sources, with a total capacity of 181.25 megawatts (MW), under the Feed-in Tariff (FiT) mechanism.
According to BERNAMA News Agency, PETRA stated that the approved RE projects are expected to generate investments worth RM1.87 billion in the renewable energy sector and will begin supplying green electricity to Tenaga Nasional Bhd (TNB) from as early as 2028.
"The implementation of new RE projects under the Feed-in Tariff mechanism is part of PETRA's commitment to increasing the share of RE in the national electricity supply mix to 70 per cent by 2050. The effort to boost the capacity of biogas, biomass, and small hydropower sources will also strengthen the reliability of the country's electricity supply by diversifying RE generation sources and providing firm or consistent electricity supply," the statement read.
The ministry expressed confidence that the FiT mechanism-based RE initiative would serve as a catalyst for more progressive growth of the domestic renewable energy industry, in line with the core principles of Malaysia MADANI, which emphasize sustainability, innovation, and shared prosperity.
The government announced the offering and opening of FiT approval applications totaling 190MW for three RE sources - biogas, biomass, and small hydropower - from January 15 to February 19, 2025. PETRA invited eligible RE developers to submit applications for participation in an e-bidding process during that period.
A total of 59 applications were received, with 48 meeting the prescribed technical and financial criteria approved. The approvals comprise 20 projects with a total quota of 30.93MW for green electricity generation from biogas, eight projects with a quota of 53.50MW (biomass), and 20 projects with a quota of 96.82MW (small hydropower).
Further details on the e-bidding results under the Feed-in Tariff mechanism managed by SEDA Malaysia are available on its official website at.