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.

“We are building more than a power plant; we are building a foundation for lasting prosperity in the HDA region.

“Today, policy meets steel. We’re delivering more than megawatts — we’re delivering a new rural economy: skilled jobs, modern infrastructure, and investor-grade green power from the highlands,” executive chairman Dino Bidari said following the HOA signing ceremony.

The five partners are EFS Group, ES Sunlogy, Founder Consortium, China Construction Sixth Engineering Bureau Corporation (CSCEC), and Hopewind.

Meanwhile, Deputy Minister in the Premier’s Department (Labour, Immigration and Project Monitoring), Datuk Gerawat Gala, expressed hope for the broader benefits of the proposed project on the Highland Development Area (HDA) in Baram.

“The Baram DeepTech programme marks a defining chapter for the HDA in Baram. By bringing round-the-clock renewable power to Baram, the project proponents are unlocking the full potential of the Baram hinterland for sustainable growth with improved connectivity, modern infrastructure, new industries, and skilled employment opportunities.

“This will catalyse the Mulu constituency and the entire Upper Baram area to be developed in unison. As part of the HDA, I am proud to see our region taking centre stage in advancing Sarawak’s green energy leadership,” he said.

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