TotalEnergies, together with MK Land Holdings Berhad, a diversified group in Malaysia, has financially closed its 30 MWac (approx. 50 MWp) solar power plant located in Kulim, Kedah. The entire output of around 1.5 TWh of electricity will be sold under 21-year long-term Power Purchase Agreements (PPAs) to major technology and industrial players in Malaysia.
The Malaysian Energy Commission awarded the project in August 2023 under the Corporate Green Power Programme (CGPP) to TotalEnergies (49%) and Solar Citra Sdn. Bhd. (51%) (subsidiary of M K Land) and would begin construction after the issuance of the Notice to Proceed.
This reflects the increasing demand from these customers for sustainably sourced electricity, underscoring the project’s strategic importance and its role in advancing the country’s clean-energy agenda. The solar plant will comprise approximately 80,000 photovoltaic panels installed across 115 acres and will include the development of a new 132 kV loop-in-loop-out (LILO) substation, enhancing Malaysia’s grid interconnection network.
About The Project
The project financing facility of approximately MYR145 million (~$37 million) was arranged with BNP Paribas Malaysia Berhad as the sole mandated lender. TotalEnergies is building a competitive portfolio that combines renewables (solar, onshore wind, offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. At the beginning of 2026, TotalEnergies has more than 34 GW of gross renewable power generation capacity and aims to achieve over 100 TWh of net electricity production by 2030.
“We are pleased to reach this new milestone for our solar project in Malaysia. By leveraging our extensive upstream footprint in the country and our upcoming 50/50 joint venture with Masdar in Asia, we aim to contribute to the development of renewables to support the country’s decarbonization objectives”, said Gregory Thomassin, Head of Business Development, Renewables APAC, TotalEnergies. “This project also reflects TotalEnergies’ strategy to supply major technology and industrial customers with tailored renewable energy solutions”.
