{"id":7108,"date":"2026-04-04T10:59:46","date_gmt":"2026-04-04T10:59:46","guid":{"rendered":"https:\/\/malaysian-business.com\/wptest\/?p=7108"},"modified":"2026-04-04T10:59:48","modified_gmt":"2026-04-04T10:59:48","slug":"solar-storage-live-2026-malaysias-rm16-5bn-grid-modernization-hits-the-mitec-floor","status":"publish","type":"post","link":"https:\/\/malaysian-business.com\/portal\/2026\/04\/04\/solar-storage-live-2026-malaysias-rm16-5bn-grid-modernization-hits-the-mitec-floor\/","title":{"rendered":"Solar &amp; Storage Live 2026 &#8211; Malaysia\u2019s RM16.5bn Grid Modernization Hits the MITEC Floor"},"content":{"rendered":"\n<p>As Kuala Lumpur prepares to host Solar &amp; Storage Live Malaysia 2026 (8\u20139 April) at MITEC, the energy sector is no longer just discussing &#8220;transition&#8221;\u2014it is executing a multi-billion-ringgit structural overhaul. With over 100 exhibitors and 5,000 industry leaders descending on the capital, the event serves as the primary marketplace for the RM16.5 billion energy transition push mandated by the Government and GLICs.<\/p>\n\n\n\n<p>Supported by the Ministry of Energy Transition and Water Transformation (PETRA) and MDEC, the summit highlights the convergence of the Malaysia Renewable Energy Roadmap (MyRER) and high-tech manufacturing. For the <em>Malaysian Business<\/em> audience, the &#8220;alpha&#8221; here is the integration of Battery Energy Storage Systems (BESS) and smart grid software from global players like BYD and Jinko Solar, which are essential to stabilizing the national grid as solar penetration increases under NEM 3.0.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Corporate Pulse: Profits, Scams, and New Routes<\/h3>\n\n\n\n<p>Beyond the energy sector, the Malaysian corporate landscape is seeing significant movement across aviation and market integrity:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Aviation Recovery: Malaysia Aviation Group (MAG) has delivered its fourth consecutive year of operating profit, reporting a NIAT of RM137 million for 2025. The group is aggressively expanding its East Asia footprint, resuming Fukuoka services and launching new routes to Shenzhen and Changsha.<\/li>\n\n\n\n<li>Market Integrity: In a joint move to protect the digital economy, the Securities Commission (SC) and MCMC have announced a strengthened partnership for scam prevention and enforcement. This follows the SC&#8217;s addition of nine new entities (including Upbit) to its Investor Alert List as of 2 April 2026.<\/li>\n\n\n\n<li>Bursa Malaysia Restructuring: Investors are bracing for 6 April 2026, when Bursa Malaysia will officially restructure its investor segmentation data. This update will separate nominee accounts by institutional and retail ownership, providing a much-needed &#8220;clean&#8221; view of domestic versus foreign trading activity.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Policy Watch: Budget 2026 and the 13MP<\/h3>\n\n\n\n<p>The 13th Malaysia Plan (13MP), set to run from 2026 to 2030, has established a target annual growth rate of 4.5%\u20135.5%. To support this, Budget 2026 has introduced a new Outcome-Based Incentive framework, linking tax breaks directly to high-value job creation and regional growth.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Editor\u2019s Take:<\/strong> The shift to <strong>Outcome-Based Incentives<\/strong> is a game-changer for the &#8220;Shenzhen of Malaysia&#8221; (Pahang) and other industrial nodes. It moves the needle from &#8220;investment at any cost&#8221; to &#8220;investment with measurable local impact.&#8221; When paired with the <strong>RM2 billion Sovereign AI Cloud<\/strong> investment by MCMC, Malaysia is clearly positioning itself as the &#8220;AI Utility&#8221; hub of ASEAN.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>As Kuala Lumpur prepares to host Solar &amp; Storage Live Malaysia 2026 (8\u20139 April) at MITEC, the energy sector is no longer just discussing &#8220;transition&#8221;\u2014it is executing a multi-billion-ringgit structural overhaul. With over 100 exhibitors and 5,000 industry leaders descending on the capital, the event serves as the primary marketplace for the RM16.5 billion energy [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":7109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,39],"tags":[458,610,611,612,609,608,59],"class_list":["post-7108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights","category-news","tag-bursamalaysia","tag-byd","tag-mag","tag-mcmc","tag-mdec","tag-mitec","tag-solar"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=7108"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7108\/revisions"}],"predecessor-version":[{"id":7110,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7108\/revisions\/7110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media\/7109"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=7108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=7108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=7108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}