Aligned with our Environmental, Social and Governance (ESG) frameworks, QEW Group of Companies (QEW Group) continues to identify strategically located areas for inclusion in new development plans aimed at commercialisation, supported by clearly defined short-term targets to drive measurable progress. Several key locations have already been mapped and earmarked for development, reflecting our commitment to sustainable industrial expansion across Malaysia.
Malaysia is accelerating its transition toward renewable energy, with a national target of achieving 31% renewable capacity by 2025. Solar energy plays a central role in this transformation, driving both environmental sustainability and economic growth. In 2023 alone, the country added 493 megawatts (MW) of new solar capacity, reflecting a strong national and corporate commitment to clean energy. The sector’s market value was estimated at RM8 billion in 2023, with projections indicating growth to RM12 billion by 2029.
This initiative underscores our dedication to promoting clean energy, reducing carbon emissions, and advancing Malaysia’s sustainable energy objectives. It also creates economic opportunities by strengthening local industries, creating jobs, and contributing to regional development.
In close collaboration with government agencies, state authorities, and strategic partners, QEW Group is working to ensure the success of these projects through coordinated planning, efficient implementation, and responsible resource management. Through targeted investments in renewable energy, QEW Group strives to balance environmental sustainability with economic growth, delivering long-term value to stakeholders and aligning with both national and global energy priorities.
