Majuperak forms renewable energy partnership with Shizen Group

PETALING JAYA: Majuperak Holdings Bhd has inked a memorandum of understanding with Shizen International Inc, a subsidiary of Shizen Energy Inc of Japan, to explore opportunities to set up ground-mounted or floating solar photovoltaic-based renewable energy (RE) generation projects in Perak.

“By joining forces with Shizen Energy Japan, a renowned leader in the RE sector, we are poised to leverage our collective expertise and resources to accelerate the adoption of clean energy technologies in our region,” Majuperak group CEO Syed Agil Syed Hashim said in a statement.

The Shizen Energy Group has successfully developed 1,321.7MW of RE capacity in Japan and internationally.

Perbadanan Kemajuan Negeri Perak (PKNPK) chief executive Datuk Redza Rafiq Abdul Razak, who is also Majuperak executive chairman, expects to see significant progress from the MoU. Majuperak is a subsidiary of PKNPK.

“We are fully prepared to advance RE generation in Perak.

“This initiative aligns with the National Energy Transition Roadmap, which seeks to enhance sustainable energy production in the country while also fulfilling Majuperak’s role as a leader in RE under the Perak Sejahtera 2030 agenda,” he said.