Malaysia Plans to Build Region’s Largest Solar Hybrid Plant
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Malaysia plans to develop Southeast Asia’s largest solar hybrid facility while pursuing hydrogen plants to achieve its 70% goal of renewable energy capacity by 2050, said Economy Minister Rafizi Ramli.
Sovereign wealth fund Khazanah Nasional Bhd. will lead the development of the solar hybrid plant, and has attracted global investments totaling 6 billion ringgit ($1.3 billion), said Rafizi. It will be among 10 projects worth 25 billion ringgit he unveiled Thursday under the National Energy Transition Roadmap.