Energy transition plan to boost renewables sector, says Nik Nazmi | The Malaysian Insight

Natural Resources and Climate Change Minister Nik Nazmi Nik Ahmad says NETR projects will include a floating solar garden and solar rooftops for houses. – Facebook pic, July 30, 2023.

The ministry, he said in a statement, will ensure all projects and initiatives provide optimal benefits to the country and the people. On Thursday, the government launched NETR Phase 1 with 10 key catalyst initiatives as well as six key energy transition drivers – energy efficiency, renewable energy, hydrogen, bioenergy, green mobility, and carbon capture, utilisation and storage.

Economy Minister Rafizi Ramli in launching NETR Phase 1 reportedly said the execution of the plan will open up investment opportunities of between RM435 billion and RM1.85 trillion by 2050.

Source: Energy Industry News (energyindustrynews.net)

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