# Malaysia's Solar Capacity Poised to Surpass 6.5GW by 2029
*Author: Solar PV Expert | Category: news | Published: Wed Jun 10 2026 09:26:02 GMT+0000 (Coordinated Universal Time)*

### English
* **Growth Forecast:** UOB Kay Hian projects Malaysia’s total solar PV capacity will exceed 6.5GW between 2026 and 2029.
* **Market Drivers:** Expansion is fueled by the LSS 6 tender program and the rollout of Corporate Renewable Energy Supply Scheme (CRESS) projects.
* **Investment Potential:** EPCC replenishment opportunities are estimated between MYR 13 billion and MYR 23 billion ($3.31B - $5.86B) over the next five years.
* **Financial Outlook:** The renewable energy sector is projected to achieve a 28% compound annual growth rate (CAGR) from 2026 to 2028.
* **Cost Risks:** Solar module prices are expected to rise to $0.13/W by June 2026, driven by Chinese export tax changes and surges in raw material costs (polysilicon, copper, and silver).
* **Mitigating Factors:** A 12% year-on-year appreciation of the ringgit is helping to offset the rising cost of solar components.

### 中文
* **增长预测：** 大华继显（UOB Kay Hian）预计，2026年至2029年间，马来西亚的光伏装机总量将超过 6.5GW。
* **市场驱动力：** 增长主要得益于大型太阳能（LSS 6）招标计划以及企业可再生能源供应方案（CRESS）项目的推进。
* **投资潜力：** 未来五年内，EPC（设计、采购、施工）市场的补充机会预计在 130 亿至 230 亿令吉（约 33.1 亿至 58.6 亿美元）之间。
* **财务前景：** 预计可再生能源行业在 2026 年至 2028 年间的年均复合增长率（CAGR）将达到 28%。
* **成本风险：** 受中国出口退税政策调整及原材料（多晶硅、铜、银）价格上涨影响，预计到 2026 年 6 月，太阳能组件价格将升至 0.13 美元/瓦。
* **缓解因素：** 马来西亚令吉兑美元同比升值 12%，在一定程度上抵消了太阳能组件成本上升带来的压力。