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UAE to help Malaysia establish 10 GW renewable energy capacity worth $8 billion by 2025, PM Anwar says - Reuters

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UAE to help Malaysia establish 10 GW renewable energy capacity worth $8 billion by 2025, PM Anwar says | Reuters

UAE to help Malaysia establish 10 GW renewable energy capacity worth $8 billion by 2025, PM Anwar says

Malaysian Prime Minister Anwar Ibrahim gestures as he delivers his speech during his visit at the Malacanang palace, in Manila, Philippines, March 1, 2023. Aaron Favila/Pool via REUTERS/File Photo Acquire Licensing Rights

KUALA LUMPUR, Oct 6 (Reuters) - Malaysia and the United Arab Emirates have agreed to jointly establish renewable energy capacity of 10 gigawatts in Malaysia worth $8 billion by 2025, Malaysia Prime Minister Anwar Ibrahim said.

The collaboration is outlined in a preliminary agreement between the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company PJSC (Masdar), Anwar said in a post on Facebook on Thursday.

Reporting by Danial Azhar; Writing by Rozanna Latiff; Editing by Martin Petty

Our Standards: The Thomson Reuters Trust Principles.

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