Govt launches LSS6, expecting to attract RM13b
The Malaysian government has launched the sixth phase of its Large Scale Solar (LSS6) programme, aiming to attract up to RM15 billion in private investment. The initiative seeks to add 2,500MW of solar capacity and 1,250MW of battery storage to the national grid by 2029.
Why it matters
This project is a significant step in Malaysia's energy transition, aiming to reduce carbon emissions while boosting renewable energy infrastructure and job creation.
BURSA SGX Home Energy Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (July 16): The government has announced the implementation of the sixth phase of Malaysia’s Large Scale Solar programme (LSS6), which is expected to attract private investment of between RM13 billion and RM15 billion.
In a statement on Thursday, The Ministry of Energy Transition and Water Transformation (Petra) said the programme will offer a total quota of 2,500 megawatts (MW) of solar capacity together with 1,250MW of battery energy storage system (BESS), as well as 150MW of solar capacity dedicated to Bumiputera companies in Peninsular Malaysia.
BESS is a large-scale battery system that stores excess electricity and discharges it when needed to ensure a stable energy supply.
The projects are scheduled to be commissioned in phases and targeted to achieve full commercial operation by Dec 31, 2029.
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