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LIMA (PERU): Japan continues to show deep interest in investing in Malaysia’s energy sector, especially in the green hydrogen sector, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
Fadillah, who is also the Minister of Energy Transition and Water Transformation, said Japan has already invested in Sarawak in the same industry and that it would continue to support Malaysia in terms of investment.
In December last year, it was reported that Sarawak would be producing green hydrogen on a large scale mainly for the Japanese market under a tripartite agreement inked between the Sarawak Economic Development Corp (SEDC) and two Japanese firms. “They are asking for our support and cooperation for what they have to offer. We can’t give a final decision (at this meeting). I have to bring it back to get a decision at the government level,” he said.

KUCHING, Aug 10: Sarawak Energy is committed to furthering national sustainability goals and participating in the carbon credits and renewable energy certificates (RECs) market to support the country’s transition towards a low-carbon future. According to a Sarawak Energy press release, Dr Chen Shiun, Senior Vice President for Strategy and Corporate Development at Sarawak Energy, spoke at the second Malaysia Carbon Market Forum (MCMF) about the role of carbon credits and RECs in reducing carbon emissions and supporting Malaysia’s transition to a low-carbon energy system.

Green hydrogen was previously sidelined as a source of renewable energy compared with solar and wind due to its high production cost. However, as the decarbonisation journey progresses, more alternatives are necessary, especially to tackle emissions from hard-to-abate sectors.

This is also recognised in Malaysia as seen with the National Energy Transition Roadmap (NETR) launched by the Ministry of Economy in July 2023 and the Hydrogen Economy Technology Roadmap (HETR) in October 2023.