TotalEnergies and MK Land close financing for 30 MW solar project in Malaysia

TotalEnergies and MK Land Holdings Berhad have completed financial close for a 30 MWac (around 50 MWp) solar power plant in Kulim, Kedah, Malaysia.

The project was awarded by the Malaysian Energy Commission in August 2023 under the Corporate Green Power Programme to a consortium comprising TotalEnergies (49 per cent) and Solar Citra Sdn. Bhd. (51 per cent), a subsidiary of MK Land Holdings Berhad. The plant is expected to generate about 1.5 TWh of electricity over its lifetime, sold under 21-year power purchase agreements to major industrial and technology customers in Malaysia. The construction will begin after the notice to proceed is issued.