HomeBreaking NewsMalaysia and UAE to Collaborate on 10 GW Renewable Energy Project Worth...

Malaysia and UAE to Collaborate on 10 GW Renewable Energy Project Worth $8 Billion

Malaysia‘s Prime Minister, Anwar Ibrahim, has announced that Malaysia and the United Arab Emirates (UAE) have agreed to embark on a joint venture to establish a renewable energy capacity of 10 gigawatts (GW) in Malaysia by 2025, with an estimated value of $8 billion.

Prime Minister Anwar Ibrahim stated in social media post, This collaboration is detailed in a preliminary agreement between the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company PJSC (Masdar).

The ambitious renewable energy project reflects a significant commitment to the development of sustainable and clean energy sources, aligning with global efforts to combat climate change and reduce carbon emissions. Malaysia’s strategic partnership with the UAE’s Masdar underscores the importance of international cooperation in achieving renewable energy goals and promoting a greener and more sustainable future.

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