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PowerChina green H2 project by floating solar in Malaysia

FID✓ Source-checked

Semarak Renewable Energy Sdn Bhd (SeRenE); EPC: China Hydropower (Malaysia) / PowerChina

Project Overview

Country: Malaysia
Region: Perak
Capacity: 60 MW
Technology: Other
Investment · scope not declared (EUR): €370M
Subsidy Status: —

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Development Timeline

Announced2024

FID—

Construction—

Operational—

Readiness Score

33/ 100

Developing

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision(implied)+15

✓EPC Contract signed(implied)+10

✓Permits obtained(implied)+8

✗Grid connection secured+7

Commercial

✗Binding offtake agreement+15

✗MOU / offtake letter of intent+5

✗Confirmed price / tariff+5

✗Applied to government program+5

Financing

✗Project finance / debt secured+10

–Subsidy (not recorded)+0

Track Record

✗Developer has completed H2 project+5

✗Developer has completed RE project+3

✗Developer has energy experience+2

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