Malakoff Inks MoU With EESB To Develop Green Power Projects In Sarawak

KUCHING, July 15 (Bernama) -- Independent power producer Malakoff Corp Bhd today formalised a memorandum of understanding (MoU) with real estate and construction group Evergreen Earth Sdn Bhd (EESB) to develop Sarawak’s green power projects. 

The MoU exchange ceremony was held in conjunction with International Energy Week (IEW) 2025 at the Borneo Convention Centre Kuching.

It was witnessed by Sarawak Premier Tan Sri Abang Johari Tun Openg and Deputy Prime Minister Datuk Seri Fadillah Yusof, who is also the Minister of Energy Transition and Water Transformation.

The MoU was exchanged between Malakoff’s business development head, Shaja Ibrahim, and EESB director, Datuk Mohamad Danel Abong.

In a joint statement, Malakoff and EESB said the collaboration covers feasibility studies, site assessments, project development strategies and local partnership models related to solar photovoltaic (PV) and other renewable energy (RE) ventures.

“The collaboration will also encompass the sharing of technical expertise, regulatory insights and market intelligence, as well as coordinated efforts to engage with relevant authorities and stakeholders to secure necessary approvals and grid integration. 

“These joint efforts are aligned with Sarawak’s Post COVID-19 Development Strategy 2030 and Malaysia’s National Energy Transition Roadmap (NETR), supporting the country’s long-term sustainability and clean energy goals,” said the statement.

Malakoff managing director and chief executive officer Anwar Syahrin Abdul Ajib said green power projects represent a significant step towards accelerating Malaysia’s energy transition.

“By supporting Sarawak’s efforts to reduce reliance on fossil fuels and diversify its renewable energy mix, we are contributing to the development of a more sustainable and future-ready energy ecosystem.

“These projects are expected to deliver strong economic value through job creation, upskilling of local talent and the development of rural infrastructure. This partnership builds on Malakoff’s broader RE progress, which includes a total generating capacity of 198 megawatt (MW) across solar, waste-to-energy and small hydropower assets,” he said.

Anwar Syahrin also said that as of June this year, Malakoff's rooftop solar capacity reached 63.6 MW, while in 2024, its RE portfolio generated 67.0 gigawatt-hours (GWh) of clean electricity.

-- BERNAMA