Socio-Economics of Malaysia’s Energy Transition: Report
Renewable energy employment in Malaysia is projected to quadruple between 2021-2050 under the 1.5°C Scenario. Growth is led mainly by solar and bioenergy. As a major global solar PV manufacturer, Malaysia is well placed to leverage this global shift. Employment in solar is expected to reach around 90,000 jobs by 2030 and 224,000 by 2050, accounting for more than half of total renewable energy jobs. Bioenergy follows closely, with a share of 40.9%. These trends underscore the significance of the sector in Malaysia’s energy transition and suggest potential opportunities in terms of socio-economic benefits.
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