PUTRAJAYA, May 9 — Malaysia is removing its ban on trading renewable energy and stepping up its efforts to move the country to become more green and energy efficient.
“The Cabinet agreed to find ways to increase our renewable energy sources, use a self-contained system to monitor investments and increase investments in the industry with our corporate sector in tow, add solar panels to all government buildings and develop a cross border energy exchange system. “The expansion of renewable energy capacity will enable surplus energy generation capacity to be exchanged across borders with regional neighbours based on a mechanism that will be determined by the government, thus advancing the realisation of the Asean Power Grid.
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