The Queen of Malaysia inspects a model of the zone to be developed
Image: IFC
By ESS news
A massive $6 billion renewable energy project in Malaysia is one step closer to reality, following a partnership announcement and investment deal from the World Bank. The site will be part of a Southeast Asian power grid initiative and connect to Singapore to facilitate cross-border electricity trade.
Although the final scope has not yet been announced, the initial size of the plan is for a 2,000 square kilometer zone for hybrid solar and battery energy storage systems, with approximately 10,000 hectares for the first phase of the project. It said this first phase was “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 State of Johor, for the establishment of the Southern Johor Renewable Energy Corridor (SJREC) brings together many initiatives. One of these is a pan-Southeast Asian networking initiative called the ASEAN Power Grid or APG, which aims to connect Malaysia’s Johor region with Singapore as part of a Johor-Singapore Special Economic Zone (JS-SEZ) master plan.
It is also part of the Johor Renewable Energy Policy 2030, which outlines joint efforts in project development, technical support and further potential financing for the project, and aligns with the stated ambitions of the Johor Green Development Policy 2030.
There are some surprises in the details of the players involved.
To read further, visit our ESS news website.
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