The Corporate Renewable Energy Supply Scheme (CRESS) launched by the Ministry of Energy Transition and Water Transformation (PETRA) opened a new channel for corporate consumers to procure renewable energy directly from Renewable Energy Developers through Peninsular Malaysia’s grid, a meaningful structural shift in how renewable energy is accessed at the corporate level.
Since its launch in year 2024, the Energy Commission has issued revised CRESS Guidelines, refining the approval process and contractual framework and enhancing tariff certainty. PETRA has also conducted a further industry engagement in late May 2026 to emphasis the importance in addressing grid readiness, cost allocation, and the regulatory path ahead.
This article sets out the recent developments to the CRESS framework and the key considerations for corporates and REDs navigating this evolving market.
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