Semarak Renewable Energy Sdn Bhd (Semarak RE) and China Hydropower (Malaysia) Co Ltd., a unit of PowerChina International Ltd., have entered into a RM1.88 billion agreement to develop Malaysia’s inaugural large-scale green hydrogen production project utilizing floating solar photovoltaic power generation.
The collaborative effort in Perak aims to advance green hydrogen production and storage through the implementation of floating photovoltaic power generation, contributing to the transition to sustainable energy.
The project’s main objectives encompass the design, procurement, and construction of floating photovoltaics, hydrogen production units, and hydrogen storage units.
PowerChina, leveraging its expertise in the new energy sector, is committed to expediting the planning and execution of the project to support Semarak in pioneering Malaysia’s green hydrogen industry.
Since its establishment in the Malaysian market in 1993, PowerChina has successfully executed over 150 projects with a cumulative contract value surpassing US$7 billion.