Abu Dhabi Future Energy Company PJSC (Masdar) has broken ground, together with two Malaysian partners, on a 200-megawatt floating solar plant at the Chereh Dam in Pahang. The company announced the move in a statement issued Thursday, October 29.<\/p>\n
The venture brings together Masdar, Citaglobal Berhad and TIZA Global Sdn Bhd through their project company, Chereh Solar Sdn Bhd. Power generation is expected to start by 2028. Once operational, the plant is meant to supply clean electricity equal to the needs of 100,000 homes, and around 1,500 people will be employed during its development and construction.<\/p>\n
Masdar counts the plant among the largest floating solar schemes in Southeast Asia. It marks the company’s first project in Malaysia.<\/p>\n
Financial close was reached on October 27. Three international lenders provided roughly 580 million MYR, according to the statement.<\/p>\n
A buyer for the output is already in place. In December 2025, Chereh Solar Sdn Bhd signed a power purchase agreement with Tenaga Nasional Berhad, the national utility, covering 21 years of electricity sales once commercial operation begins.<\/p>\n
The partners secured the site through a competitive tender under Malaysia’s Large Scale Solar (LSS) Cycle 5+ programme, submitting the lowest tariff among floating solar bids. Pahang Water & Energy Resources has also signed a Site Agreement with the developers.<\/p>\n
His Royal Highness Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, the Sultan of Pahang, attended the ceremony alongside Wan Rosdy Wan Ismail, Chief Minister of Pahang, and executives from the three companies.<\/p>\n
The Sultan said the project demonstrates how natural resources can be put to responsible use in support of the country’s renewable energy goals, while creating openings for local communities and industry.<\/p>\n
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said rising electricity demand and strong renewable potential make Malaysia a strategically important market, describing Chereh as an important milestone in the company’s long-term commitment to the country.<\/p>\n
“With long-term electricity sales contracted to TNB, the priority now is to deliver the project and bring it into operation,” said Mohamad Norza Zakaria, Executive Chairman and President of Citaglobal Berhad and TIZA Global Sdn Bhd.<\/p><\/blockquote>\n
Next site under study<\/h2>\n
Masdar and the Malaysian Investment Development Authority (MIDA) agreed a 10-gigawatt renewable energy roadmap in 2023, with Chereh set to be the first plant delivered under it. In Sarawak, the company is examining whether a large floating array could be built on the Murum reservoir.<\/p>\n
Placing panels on an existing reservoir limits the land needed for solar farms, the statement noted. Malaysia wants renewables to reach 35% of installed generation capacity by 2030, and expects floating solar to account for a significant share of that target.<\/p>\n","protected":false},"excerpt":{"rendered":"
Masdar’s floating solar project Chereh, a 200MW plant on a Pahang reservoir, enters construction after 580 million MYR financing was secured.<\/p>\n","protected":false},"author":3,"featured_media":8532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[6161,6159,6160,6158],"class_list":["post-8533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie","tag-pahang","tag-tenaga-nasional-berhad","tag-malaysia","tag-masdar"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t