Masdar to develop Southeast Asia's largest floating solar plant

Abu Dhabi Future Energy Company Masdar has announced its first project in Malaysia, with the signing of a power purchase agreement (PPA) to develop a 200-megawatt (MW) floating solar photovoltaic (PV) project at the Chereh Dam in Pahang State.

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The project will be developed by a consortium led by Masdar, together with Malaysian partners Citaglobal and Tiza Global. The PPA was signed with Tenaga Nasional Berhad, Malaysia's national utility company.

Once operational, the 200MW Chereh Dam plant will become the largest floating solar project in Southeast Asia.

Occupying approximately 950 acres, the Chereh Dam plant will have a generation capacity of more than 300MWp (200MWac), enough to power the equivalent of over 100,000 homes.

The project value is estimated at more than RM850 million (US$208 million).

The investment reinforces Masdar's position as a key partner in accelerating Malaysia's energy transformation. Malaysia has targeted increasing the share of renewables in its national energy mix to 35 per cent by 2030, and floating solar is expected to play a key role in achieving these goals.

"This milestone project, our largest floating solar development globally and our inaugu-

ral project in Malaysia, reaffirms Masdar's expertise in floating solar and our position as a trusted partner across the region," said Mohamed Jameel Al Ramahi, CEO of Masdar. "By leveraging our experience in delivering utility-scale solutions worldwide, we can provide affordable, secure, clean energy to the Malaysian people.