Updated
Updated · The National Law Review · Aug 17
Malaysia Solar Market to Hit MYR 5.04 Billion in 2026 as LSS6 Adds 2,500 MW
Updated
Updated · The National Law Review · Aug 17

Malaysia Solar Market to Hit MYR 5.04 Billion in 2026 as LSS6 Adds 2,500 MW

1 articles · Updated · The National Law Review · Aug 17

Summary

  • MYR 5.04 billion in 2026 revenue is forecast for Malaysia's solar market, marking a shift from pure capacity growth toward more infrastructure-heavy solar-plus-storage investment.
  • LSS6 is the main catalyst, pairing 2,500 MW of solar with 1,250 MW of battery storage and a separate 150 MW allocation, with expected private investment of RM13 billion to RM15 billion.
  • Installed solar capacity climbed to 5,777 MW in 2025 from 4,329 MW in 2024, while annual additions rose to 1,448 MW, increasing pressure for grid flexibility and storage deployment.
  • Battery and corporate power demand are widening the pipeline, including the 100 MW/400 MWh Santong BESS, DayOne's 1.5 GWp solar and 2.2 GWh storage agreements, and new 690 MWp and 300 MWac solar projects.
  • By 2030, electricity use is projected near 200 TWh and solar's share around 14%, with cross-border trade also emerging after Singapore conditionally approved 900 MW of imports from Johor-based solar and battery projects.

Insights

As data centers devour clean energy, can Malaysia's untested solar-plus-storage model truly guarantee the round-the-clock power hyperscalers demand?
Will exporting massive amounts of green electricity to Singapore threaten Malaysia's ability to meet its own aggressive 2050 domestic clean energy targets?