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Home » News » Grid » Malaysia Launches Direct Green Electricity Purchase Initiative to Boost Renewable Energy Investments
Grid

Malaysia Launches Direct Green Electricity Purchase Initiative to Boost Renewable Energy Investments

By Triyas AgusSeptember 24, 20242 Mins Read
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Credit: Thilipen Rave Kumar/Pexels
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A new initiative in Malaysia allows businesses to purchase green electricity directly from renewable energy developers through the national grid, marking a significant step in the country's renewable energy landscape. The Ministry of Energy Transition and Water Transformation (PETRA) anticipates that the Corporate Renewable Energy Supply Scheme (CRESS) will generate over MYR 10 billion (approximately

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Asia Electric Incentives Malaysia Power Purchase Agreement
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