Solarvest Holdings Berhad is taking an important step in strengthening Malaysia’s energy system as traditional energy markets continue to face uncertainty and price fluctuations. The company, known for its clean energy solutions in the ASEAN region, is focusing on expanding large-scale renewable energy projects to improve energy security and stability.
Through its subsidiary Atlantic Blue Sdn. Bhd., Solarvest has been appointed as the Engineering, Procurement, Construction and Commissioning (EPCC) and technology partner for a major solar project under the LSS5+ programme. The project, valued at RM1.06 billion, has been awarded by Malakoff Corporation Berhad via its subsidiary Malakoff Silver Solar Sdn. Bhd. It is currently the largest utility-scale solar project in Malaysia.
The solar power plant will have an installed capacity of 690 megawatt-peak (MWp), making it one of the biggest solar PV farms in the ASEAN region. It will be developed in Larut and Matang in the state of Perak, covering nearly 1,400 acres of land. This area is roughly equal to about 1,050 football fields. The project is expected to begin commercial operations in the first quarter of 2028.
Once operational, the solar facility is projected to generate around 970,000 megawatt-hours (MWh) of clean electricity every year. This amount of power will be enough to supply approximately 230,000 households annually, which accounts for about 2 to 3 percent of households in Malaysia. This highlights the growing role of renewable energy in meeting the country’s rising electricity demand.
The project is also seen as a strategic move to address fuel price volatility and reduce dependence on traditional energy sources. Solarvest is working on advanced system designs to improve energy output and is using high-efficiency solar technologies to ensure stable performance over a long period of about 20 years.
According to the company’s leadership, energy security today depends not only on increasing power generation but also on improving how energy systems are managed. They emphasized the importance of smart grid technologies, forecasting systems, and flexible energy distribution to maintain grid stability. The integration of battery energy storage systems (BESS) is expected to play a key role in handling renewable energy variability and supporting grid modernization.
This project has also strengthened Solarvest’s business growth, increasing its order book to RM2.7 billion. The company is now preparing for upcoming opportunities such as the LSS6 programme, which is expected to include grid-scale battery storage solutions and further support Malaysia’s energy transition plans.
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