So far more than RM9.5 billion investments have been approved, including by major global names in the solar industry such as First Solar from the US and Q-Cells from Germany.
"These large manufacturers would need a lot of vendors to supply the inputs and components," Mustapa said.
"Given the extent of SME involvement in the economies of most countries, it makes sense to engage them in the process of increasing energy efficiency in production and delivery, and of services," he added.
The Malaysian German Chamber of Commerce and Industry executive director Alexander Stedtfeld said the expansion plans of companies like Q-Cells into the second and third phase would need SMEs to help develop the technology.
He said growth potential of the renewable energy sector is large, as in the case of Germany where the number of people working totalled 1.3 million compared with 700,000 in automotive sector.
EU ambassador Vincent Piket said the EU climate and energy package has legally binding 20:20:20 targets for 2020, with 20 per cent greenhouse gas savings, 20 per cent share for renewable energy and 20 per cent increase in energy efficiency.
"Investment in green growth will not just take our economy out of the slump, it will take it to a new level of sustainable growth in economic, social and environment terms," Piket said.
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