Shizen Energy to sign MOU on One of the Largest Floating Solar Facilities in South East Asia

Shizen Energy Inc. (Shizen Energy) has announced that Shizen Energy and the Nusa Baiduri Consortium in Malaysia has agreed to implement a feasibility study through its fully owned subsidiary Shizen Malaysia Sdn Bhd. (Shizen Malaysia) for the development of a floating solar facility with a capacity of 150 MW which will be signed through an MOU at the Asia Green Growth Partnership Ministerial Meeting (AGGPM) Public-Private Forum. This project is positioned as one of South East Asia’s largest floating facilities and in aligning with the Asia Energy Transition Initiative (AETI) promoted by the Japanese government.

The Nusa Baiduri Consortium consists of Shizen Malaysia, the investor/developer, and Nusa Baiduri Sdn. Bhd is the project owner/facilitator. The floating solar facility will be constructed at the Durian Tunggal Dam in Melaka, and the generated electricity will be provided to Syarikat Air Melaka Bhd (SAMB). A feasibility study of floating solar equipment will be conducted from Mar 15^th, 2022, for a maximum duration of 12 months, and following a favorable result, the floating solar facility of 150 MW will be constructed in a sequence of Phase 1 and later Phase 2.

“Should the feasibility study yield positive results, the completion of the 150MW floating solar project would mean Malaysia having one of the first and largest floating solar plant in South East Asia. This is an initiative to support the state government towards Green Technology, and Zero Carbon by 2030, “ said SAMB CEO Abdu Rashid Abdul Rahman during an interview with Melaka TV.

“Shizen Malaysia continues to explore and invest in all forms of Renewable Energy so we can assist our partners and clients transition to net zero. Floating Solar is an exciting opportunity and we can clearly see the benefits of our contribution to the water utility sector across Malaysia as such will continue to place focus on materializing these projects, “ said Alvin Koh, CEO of Shizen Malaysia. 

With the purpose of “We take action for the blue planet,” Shizen Malaysia will utilize its renewable energy power plant development and construction expertise from Japan to continue to serve the needs of Malaysia to accelerate the renewable energy transition for a more sustainable society.