In Short : The United Arab Emirates (UAE) has pledged to assist Malaysia in establishing a 10 gigawatts (GW) renewable energy capacity, valued at $8 billion, by 2025. This collaboration signifies international cooperation in advancing clean energy infrastructure. With UAE’s support, Malaysia aims to significantly expand its renewable energy sector, reducing carbon emissions and promoting sustainable development. This initiative not only strengthens bilateral ties but also contributes to Malaysia’s goal of transitioning to a greener and more sustainable energy landscape.
In Detail : The collaboration is outlined in a preliminary agreement between the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company
KUALA LUMPUR : Malaysia and the United Arab Emirates have agreed to jointly establish renewable energy capacity of 10 gigawatts in Malaysia worth $8 billion by 2025, Malaysia Prime Minister Anwar Ibrahim said.
The collaboration is outlined in a preliminary agreement between the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company PJSC (Masdar), Anwar said in a post on Facebook on Thursday.