KUALA LUMPUR: Renewable energy solutions provider Samaiden Group Bhd’s subsidiary, Samaiden Sdn Bhd, has been shortlisted for the development of a 99.99-megawatt large scale solar photovoltaic plant in Pasir Mas, Kelantan. This development marks a significant step in Malaysia’s renewable energy sector, aiming to bolster the nation’s energy mix.

According to BERNAMA News Agency, Samaiden Sdn Bhd received a Letter of Notification from the Energy Commission on December 23, 2024. This notification formally recognizes Samaiden as a shortlisted bidder for the project under the Large Scale Solar 5 program, a critical initiative aimed at enhancing the country’s renewable energy infrastructure. The selection was made under Package 3, which covers projects in the 30MW to 500MW category, based on Samaiden’s competitive bid and adherence to the Request for Proposal criteria.

The project will be developed over a 21-year Solar Power Purchase Agreement with Tenaga Nasional Bhd, providing Samaiden with a stable, long-term revenue stream. The plant is expected to reach its Commercial Operation Date by October 11, 2027, when it will begin supplying electricity to Malaysia’s national power grid.

Samaiden Group’s Managing Director, Datuk Chow Pui Hee, stated that the Pasir Mas plant aligns with the company’s strategic objectives to expand its asset portfolio. The project underscores Samaiden’s dedication to supporting Malaysia’s target of a 70 percent renewable energy mix by 2050, reinforcing the company’s commitment to environmental stewardship.