Malaysia Courting Energy Investors
Business Times reports that, to increase interest and investment in developing Malaysia’s solar energy production, the government has launched the Malaysia Building Integrated Photovoltaic Technology Application Project to promote the use of solar electricity in the country’s buildings. RM88 million (about $29 million) has been committed to photovoltaic development over the next five years.
By establishing a local market for solar power, Malaysia hopes local and foreign investors will be attracted to the sector.
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