KUALA LUMPUR: The proposed development of a renewable energy (RE) Industrial Park, complete with one gigawatt (GW) hybrid solar photovoltaic power plant, has attracted renowned foreign strategic investors which include the likes of Blueleaf Energy.
Khazanah Nasional Bhd's wholly owned UEM Group Bhd has inked memorandums of understanding (MoU) with local investor ITRAMAS Corp Sdn Bhd to develop a one gigawatt (GW) hybrid solar photovoltaic power plant in Malaysia that will be integrated with a renewable energy industrial park.
UEM Group managing director Datuk Mohd Izani said Blueleaf Energy and ITRAMAS' existing partners, China Machinery Engineering Wuxi Co Ltd (CMECWUXI) and HEXA Renewables are also in discussion with UEM Group to consider participating through multiple potential roles including collaborating on project development, financing (including equity investments) and commercialisation (including offtake of green electricity).
The development is one of the strategic and high-value national flagship energy transition projects that has been set out under the newly launched National Energy Transition Roadmap (NETR).