Planet QEOS seals RM2.32bil deal for Malaysia’s first ‘firm’ solar plant in Baram


PETALING JAYA: Planet QEOS Sdn Bhd has signed RM2.32bil in heads of agreement (HOA) with five partners to launch the Baram DeepTech Energy Program, paving the way for Malaysia’s first “firm” solar power plant in northern Sarawak’s Baram highlands.

In a statement, Planet QEOS said the landmark facility will be Malaysia’s first renewable plant to deliver round-the-clock, dispatchable power on par with gas and hydropower, marking a key step toward construction.

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