Out-Law News | 05 Mar 2021 | 2:10 am |
Plans have been announced to build a RM1.4 billion ($350 million) solar power plant in Pengerang in the south east of Johor state, Malaysia, according to Johor Sultan Ibrahim Iskandar.
The project is expected to be the largest solar power plant in south east Asia with a combined installed capacity of 450 megawatts (MW) and will be fully operational by 2023. It is the first private investment project in Johor in 2021.
Benjamin Tay of Pinsent Masons MPillay, the Singapore joint law venture between MPillay and Pinsent Masons, the law firm behind Out-Law, said: “This is a landmark project that signifies the intent and commitment for Johor to move towards renewables. Given the scale of the proposed plant there will be considerable economic benefits to the local community and to Malaysia as a whole.”
According to Sultan Ibrahim, the project is in line with Johor’s sustainable development plan 2030 that was launched in 2020 and focuses on environmental preservation and protection as part of the state’s economic development plan.
Sultan Ibrahim will be hosting the groundbreaking ceremony at the project site on 23 March.