From ESS News
A massive $6 billion renewable energy project in Malaysia is a step closer to reality, following a collaboration announcement and investment agreement from the World Bank. The site will form part of a Southeast Asian power grid initiative and connect to Singapore to facilitate cross-border electricity trade.
While the final scope hasn’t been announced, the initial sizing of the scheme is for a 2,000 square kilometre hybrid solar and battery energy storage system zone, with some 10,000 acres set for the initial phase of the project. This initial phase was said to be “expected” to include up to 4 GW of solar capacity and 5.12 GWh of energy storage capacity.
The Cooperation Document exchanged by key parties, including the Johor state, for the establishment of the Southern Johor Renewable Energy Corridor (SJREC) brings together many initiatives. One is a pan-Southeast Asian grid initiative, dubbed the ASEAN Power Grid or APG, that aims to connect Malaysia’s Johor region with Singapore as part of a Johor–Singapore Special Economic Zone (JS-SEZ) masterplan.
It is also part of the Johor Renewable Energy Policy 2030, which details joint efforts across project development, technical support and further potential financing for the project, and ties into the stated ambitions of the Johor Green Development Policy 2030.
There are some surprises in the details of the players involved.
To continue reading, please visit our ESS News website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.