Mida: Malaysia to benefit from growing solar power industry


Malaysian Investment Development Authority (Mida) chief executive officer Datuk Azman Mahmud said between 2014 and 2018, Asia would see the installation of another 37 GW in PV capacity

GEORGE TOWN: Malaysia, a key exporter of photovoltaic (PV) cells and modules, is well positioned to benefit from the spillover effects of growing solar power usage worldwide, which is expected to see growth of between 12% and 20% over the next five years.

Malaysian Investment Development Authority (Mida) chief executive officer Datuk Azman Mahmud said between 2014 and 2018, Asia would see the installation of another 37 GW in PV capacity.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , MIDA , solar power , Malaysia

Next In Business News

IATA: Middle East disruptions, high fuel prices to halve airline industry profitability in 2026
How can retail investors buy shares in SpaceX's IPO?
Invest Malaysia 2026 to feature 61 Malaysian corporates, attract more than 1,500 delegates
Foreign selling streak on Bursa Malaysia enters fourth week with RM1.05bil outflows
Astro names Henry Tan interim group CEO as Euan Smith steps down
Bursa Malaysia starts week lower amid cautious sentiment
Ringgit higher against most major currencies, easier vs US dollar
Trading ideas: EITA, Alam Maritim, Well Chip, UMS Integration, Lianson Fleet, Encorp, Pineapple Resources
South Korea’s Lee nominates tech guru as PM
Bulls seek protection in world’s hottest market

Others Also Read