Founder Group has signed an agreement with Planet QEOS Sdn Bhd to jointly develop a 310 MWp ground-mounted solar photovoltaic plant paired with a 620 MWh battery energy storage system (BESS) in Sarawak, Malaysia for USD 276 million.
The 200 MW green data center park is also a part of the same initiative in Baram. The project is being designed as Malaysia’s first firm solar power plant, to provide renewable electricity on a continuous, dispatchable basis. The consortium will move ahead with regulatory approvals, financial close, and definitive agreements, including the power purchase agreement. It expects the green data centre park to play a critical role in enabling sustainable digital infrastructure while attracting foreign direct investment of over MYR1 billion.