0233 GMT - Malaysia's renewable energy sector may remain on a positive trajectory, driven by supportive policies and a growing project pipeline, Maybank IB analyst Nur Farah Syifaa says in a note. The recent reduction in the system access charge lowers the cost of corporate power purchase agreements, likely boosting demand from large power consumers, especially data centers, she says. The coming tenders for large-scale solar and battery energy storage systems are expected to create a robust pipeline of engineering, procurement, construction and commissioning, as well as operation and maintenance, and recurring income for the sector, she adds. The analyst says that policy support, growing corporate adoption and long-term renewable energy targets underpin further sector growth. Maybank maintains its positive rating on Malaysia's renewable energy sector, pegging Solarvest as its top pick due to stronger earnings visibility. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

September 03, 2025 22:33 ET (02:33 GMT)

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