Solarvest Clinches RM1.06 Billion Contract for Malaysia’s Largest Solar Project — 690MWp in Perak

Malaysia’s solar industry has set a new benchmark. Solarvest Holdings Berhad, through its subsidiary Atlantic Blue Sdn Bhd, has been awarded an Engineering, Procurement, Construction and Commissioning (EPCC) contract worth RM1.06 billion to develop a 690 megawatt-peak (MWp) utility-scale solar photovoltaic facility in Larut and Matang, Perak — the largest solar project in Malaysia to date and one of the biggest in the ASEAN region.

The project was awarded by Malakoff Corporation Berhad under Malaysia’s LSS5+ programme and will be developed across approximately 1,400 acres — equivalent to roughly 1,050 football fields. Once operational in the first quarter of 2028, the facility is expected to generate up to 970,000 MWh of clean energy annually, providing enough electricity to power an estimated 230,000 households every year.

The scale of this project underscores the accelerating pace of solar deployment in Malaysia as the country pursues its target of 58% solar PV capacity by 2050 under the National Energy Transition Roadmap. For the energy storage sector, the next logical question is clear: as solar capacity at this scale feeds into the national grid, robust storage infrastructure will be essential to manage variability and ensure supply reliability — an opportunity that the MyBeST programme and LSS6 mandatory BESS requirements are already beginning to address.