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METI minister Tan See Leng also unveiled plans to triple battery storage, a S$75 million fund for cleaner power generation, approval for a 1.3GW renewable import project to Sembcorp and a deal to store Saudi crude oil in Singapore's underground caverns.
As Malaysia targets greater renewable energy penetration and data centres drive up electricity demand, experts say the country will need a more flexible, transparent and digitally enabled grid by 2035.
As Malaysia moves to retire coal power by 2044, the country has an opportunity to turn retiring coal sites into clean energy hubs and accelerate the deployment of solar, storage and other renewable technologies.
The proposal would initially target about 700 large electricity users as Taiwan seeks to ease pressure on its grid from booming AI, semiconductor and data centre demand.
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