A boost for RE industry


PETALING JAYA: The recent enhancement of the Corporate Renewable Energy Supply Scheme (CRESS) is seen as a positive step for Malaysia’s renewable energy (RE) players, though challenges remain, according to Affin Hwang Investment Bank (Affin Hwang IB) Research.

Last week, the Energy Transition and Water Transformation Ministry (Petra) announced changes to CRESS, starting March 1, 2025, allowing existing electricity users to directly source green energy from RE generators.

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Affin Hwang , CRESS , RE , energy , TNB

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