VCI Global Partners with Tianneng to Develop 250MW Solar and 800MWh Battery Storage in Malaysia

VCI Global Limited has announced a strategic collaboration with Zhejiang Tianneng Energy Storage Technology Development Co., Ltd (Tianneng), a subsidiary of Tianneng Co., Ltd., to accelerate renewable energy infrastructure in Malaysia. The partnership will be executed through VCI Global’s controlled platform, VCI Energy Sdn Bhd, and aims to deploy up to 250MW of solar generation integrated with 800MWh of battery energy storage systems (BESS).

The initiative will begin with a utility-scale solar-plus-storage project in Malacca, designed to provide dispatchable, round-the-clock clean power for AI data centers, hyperscalers, and advanced digital infrastructure operators, sectors experiencing rapid growth in Malaysia and Southeast Asia.

Tianneng, a leading Chinese manufacturer of high-performance batteries and energy storage systems, has been appointed as VCI Energy’s primary Engineering, Procurement, Construction, and Financing Facilitation (EPC+F) partner. The collaboration leverages Tianneng’s advanced technologies, including liquid-cooled BESS solutions and intelligent energy management platforms, engineered for high safety, long lifecycle performance, and grid stability.

“This partnership marks an important milestone in Tianneng’s international expansion strategy,” said Mr. Yuan Ye, General Manager of Tianneng Global Marketing Center. “We look forward to deploying our energy storage technologies to support Malaysia’s rapidly growing AI and digital infrastructure ecosystem.”

Tianneng Holding Group reported US$10.7 billion in annual revenue in 2024, ranking No. 239 on the Fortune China 500 list. The group has a production capacity exceeding 80GWh and is dual-listed on the Hong Kong (HKEX: 0819) and Shanghai (SSE: 688819) stock exchanges, reflecting strong corporate governance and institutional credibility.

Under the EPC+F structure, Tianneng will facilitate project-level financing, enabling VCI Global to scale the infrastructure without diluting shareholder equity. Key financial highlights include:

-Indicative Project Value: US$200–300 million

-Potential Long-Term Revenue: US$360–480 million over 20 years

-Annual Revenue Projection: US$18–24 million based on 350–450GWh energy output

“Through VCI Energy, this collaboration secures the technical and financial capabilities required to deliver renewable energy at true institutional scale,” said Dato’ Victor Hoo, Group Executive Chairman and CEO of VCI Global. “The integration of 250MW of Green AI solar with 800MWh of battery storage positions us to meet the energy demands of AI data centers while maintaining disciplined capital management for our shareholders.”