Foreign firms keen on renewable energy business in Sarawak


Sarawak Premier Tan Sri Abang Johari Tun Openg

KUCHING: Sarawak may expect inflow of US$20bil in investments into potential large-scale solar power projects by multinational companies from China and United Arab Emirates (UAE).

Shanghai Electric and China Three Gorges International Ltd are mulling to invest US$10bil and UAE’s state-owned clean energy provider, Abu Dhabi Future Energy Company, widely known as Masdar, may invest US$10bil to produce solar power from hydroelectric dams in Sarawak, according to Sarawak Premier Tan Sri Abang Johari Tun Openg.

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Sarawak , solar , hydroelectric , energy

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