Renewable energy emerges as growth driver

Maybank IB Research said the establishment of the Enegem platform represents another milestone achieved for the eventual cross-border trading of RE.

PETALING JAYA: The setting up of the Energy Exchange Malaysia (Enegem) platform to facilitate cross-border trading of renewable energy (RE) is being viewed positively.

This is because RE exports are potentially a new revenue source and a driver of capacity growth for the industry, said analysts.