KUALA LUMPUR, April 14 (Bernama) -- Energy security is no longer optional, but it has become a strategic national priority due to recent escalations and the disruptions at the Strait of Hormuz that have sent shockwaves through the global energy market, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
The deputy prime minister highlighted that oil prices continue to fluctuate, directly affecting electricity and business costs, as well as the economy.
“Therefore, we must continue to strengthen our position by developing stable, domestic, and sustainable energy sources to ensure long-term resilience,” he said in his speech during the Corporate Green Power Programme (CGPP) Project Completion Ceremony, here today.
Fadillah, who is also the Energy Transition and Water Transformation Minister, said that clean energy supply has also become a key determinant of investment decisions in today’s global economy.
He pointed out that multinational corporations and other high-growth sectors such as semiconductors, data centres, and advanced manufacturing are increasingly influenced by decarbonisation commitments and sustainability requirements.
“By supplying clean energy through initiatives like CGPP and Corporate Renewable Energy Supply Scheme (CRESS), Malaysia is now known as a premier green investment destination for future industries,” he said.
On top of that, Fadillah mentioned that Malaysia’s data centre industry is one of the fastest-growing in Southeast Asia, with billions of dollars in committed investment from global technology firms such as Google, Microsoft, Amazon, and Nvidia.
To put this into perspective, the deputy prime minister said a single large-scale data centre can easily consume between 20 and 100 megawatts (MW) of power.
Fadillah said Tenaga Nasional Bhd (TNB), through its wholly owned subsidiary TNB Renewables Sdn Bhd (TRe), Solarvest Holdings Bhd and Savelite Engineering Sdn Bhd, has completed their respective solar photovoltaic plants under the CGPP via Setia Kawan Energy Sdn Bhd (SKE) and Selarong Pertama Energy Sdn Bhd (SPE).
He said these successful projects demonstrate Malaysia’s continued progress in translating policy into real, impactful clean energy infrastructure while serving as real-life examples of how policy frameworks can unlock private sector participation and accelerate clean energy deployment at scale.
“With the addition of these two CGPP solar farms, contributing a combined capacity of approximately 60 MW alternating current, Malaysia has achieved more than 12 gigawatts (GW) of installed renewable energy capacity in 2025.
“With solar as the main growth driver, we are progressively moving toward our National Energy Transition Roadmap (NETR) target of 40 per cent by 2035 and 70 per cent by 2050,” he said.
Commenting on the successful project completions, Solarvest group vice president of global sales, asset and marketing, Tan Qi Jie, said the two projects have attracted a combined investment of about RM300 million, marking the largest completed CGPP in Malaysia to date.
He said the projects are expected to contribute roughly 1.0 per cent to Malaysia’s off-site renewable energy capacity.
-- BERNAMA
