Until 2026, Eesti Energia plans to invest 1.5 billion euros in constructing new wind and solar parks in the domestic market.

Chinese Technology Helps Malaysia Transition to Low-Carbon Energy

Chinese gas turbine technology is playing a pivotal role in Malaysia’sMalaysia’s push for low-carbon energy, speakers at the Global Gas Turbine Energy Summit said on Tuesday.

Chinese Ambassador to Malaysia Ouyang Yujing said in his speech that this summit provides an excellent platform to deepen cooperation in various industrial chains and a good opportunity to understand further the concepts of win-win cooperation and green development under the Belt and Road Initiative (BRI).

“Many Chinese enterprises have made their unique contribution to the energy cooperation between China and Malaysia, effectively helping to stimulate local economic growth and benefiting the local people,” he added.

Ali Biju, Deputy Minister of Energy and Natural Resources of Malaysia, said it was vital for the energy generation sector to address the impact of its activities on climate change by introducing and using the new Chinese technology.

“Many countries have already committed to transforming their energy systems, reducing the use of coal and other fossil fuels, and spurring the growth of renewable energy,” he said.

“As far as Malaysia is concerned, the government has committed not to introduce new coal-fired power plants into the system. Our energy policy aims to provide sustainable energy for the environment, a reliable source of electricity with reasonable and affordable prices for consumers,” the minister added.