Contract Awarded for a 9.99 MWac Floating Solar Farm in Malaysia

A USD 4.5 million contract has been awarded in Malaysia for the construction of a 9.99 MWac floating solar farm, highlighting economic and industrial dynamics in the regional photovoltaic sector.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

A floating photovoltaic project with a capacity of 9.99 MWac is set to be developed in Kuala Langat, Malaysia. The contract, valued at 20 million Malaysian ringgits (approximately USD 4.5 million), has been awarded as part of efforts to expand the country’s renewable energy capacity.

Project Features

The solar farm will span 24 acres, utilizing floating platforms to optimize space while generating a total capacity of 15.033625 MWp. This project addresses the need for increased energy production while mitigating land constraints, a critical factor in areas with high land-use demands.

The development of this project aligns with a regional trend to reduce land-use costs by integrating floating installations on water bodies. These infrastructures provide a strategic alternative for investors while meeting national priorities for energy diversification.

A Business-Oriented Dynamic

The project timeline anticipates completion by June 30, 2025. The works will include consultation and logistical phases, with a particular focus on meeting industry standards. Projects of this nature highlight the interplay between local and international stakeholders in the renewable energy sector.

The growth of the photovoltaic market in Southeast Asia represents a strategic opportunity for companies operating in the field. Such contracts, often derived from targeted tenders, generate significant investment flows and strengthen local industrial ecosystems.

Political and Industrial Stakes

The awarding of this project underscores the Malaysian government’s efforts to build a robust value chain in the energy sector. The use of advanced technologies, such as floating photovoltaic systems, reflects a commitment to modernizing infrastructure while diversifying the country’s energy resources.

Simultaneously, the region remains a competitive arena for companies specializing in renewable energy. Malaysia, in particular, seeks to maintain economic attractiveness while aligning with regional and international political objectives. These projects thus become a lever for strengthening commercial and political relations between local actors and foreign investors.

Aspen Power has finalised the acquisition of two community solar projects totalling over 1 MWdc in New Jersey, developed by Ecogy Energy, with construction expected to begin shortly.
French developer Tenergie has started work on a ground-mounted solar plant at a former quarry, with expected annual output of 7.6 GWh from 2026.
Octopus Energy strengthens its presence in Spain with three new energy projects totalling 600 MW, powering 2.3 million households and accelerating the expansion of its European renewables portfolio.
VSB Italy has obtained authorisation to build a 6.2 MW agrivoltaic plant in Città della Pieve, combining solar power generation and agricultural cultivation on 10.6 hectares.
Ameren Missouri announces a 250 MW solar project to power 44,000 homes, reducing delays and costs through strategic development on company-owned land.
Verso Energy has inaugurated an experimental solar power plant in Outarville, testing the integration of photovoltaic panels across three hectares of large-scale crops with a 90% self-consumption rate.
Independent power producer R.Power is selling a 440MW ready-to-build photovoltaic portfolio in Poland, as political uncertainties drive a wave of divestments in the national renewable energy market.
Grenergy has finalised the sale of the fourth phase of its hybrid solar-storage project in Chile to CVC DIF, valued at up to $475mn, while retaining operation and maintenance for five years.
Q ENERGY secures financing for 252 MW of solar projects in Spain, marking its first independent power producer operation on the Iberian Peninsula.
Norwegian group Scatec has signed a power sales agreement with BTG Pactual for its first solar project in Colombia, representing an estimated $110mn investment.
New solar installations rose 64% year-on-year, driven by China, which accounted for more than two-thirds of global deployed capacity.
Virya Energy invests EUR2mn in a photovoltaic plant at the Oncopole park-and-ride in Toulouse, marking a 30-year partnership with Tisséo to strengthen the city’s energy self-consumption.
ACWA Power has signed an agreement with the Syrian Ministry of Energy to assess up to 2,500 MW of solar, wind and storage projects, along with a technical audit of the national grid and existing infrastructure.
GreenYellow is installing several photovoltaic plants and an energy storage system on Altarea's logistics platforms in Bollène and Puceul, through a 30-year PPA contract fully financed by the company.
Ascent Solar Technologies has signed an agreement with Star Catcher Industries to enhance in-orbit power generation by combining lightweight photovoltaic technology with wireless energy transmission.
NextWave Energy Monitoring integrated 529 megawatts of Cenergy solar projects into its PVPulse platform, including the largest 300 MW photovoltaic plant equipped with its monitoring system.
Solar panel imports into Africa reached 15,032 MW in one year, setting a record and marking an expansion beyond South Africa, according to the energy research organisation Ember.
Ferrovial will launch a 250 MW solar plant in Texas for $355mn, expanding its US energy portfolio and creating around 300 jobs during the construction phase.
The 4.99 MW floating solar power plant in Cebu supplies the Carmen Copper mining site, covering about 10% of its energy needs, with connection to the national grid now effective.
Four photovoltaic plants totaling 50 MW will be built in Benin by Axian Energy and Sika Capital to strengthen the share of renewables in the country’s energy mix.

Log in to read this article

You'll also have access to a selection of our best content.