UEM Group to develop 1 GW hybrid solar plant in Malaysia
This will include a renewable energy industrial park.
UEM Group, a wholly-owned subsidiary of Khazanag Nasional Berhad, partners with ITRAMAS Corporation to develop a one-gigawatt hybrid solar photovoltaic power plant including a renewable industrial park in Malaysia.
In a statement, UEM said the project is also supported by foreign strategic investors such as Blueleaf Energy and ITRAMAS partners China Machinery Engineering Wuxi and HEXA Renewables.
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“The Project is in line with the strategic and high-value national flagship energy transition projects under the National Energy Transition Roadmap, which was launched by the Minister of Economy today for which Khazanah has been named as the champion for Renewable Energy Zone in Malaysia,” the company said.
It added that the RE Industrial Park will attract foreign manufacturers and suppliers in renewable energy and electric vehicle supply chains, and research and development facilities.