By: Rosli Mansor Ahmad Razali
IPOH: The Perak government, through Perbadanan Pembangunan Pertanian Negeri Perak (Perak SADC), has signed a Strategic Cooperation Memorandum (MOC) with Shuifa Energy Group Co. Ltd. to realise an investment prospect worth between RM180 million and RM200 million for the development of a renewable energy project based on the floating aqua-voltaic concept in the state.
Perak Menteri Besar Saarani Mohamad said the collaboration reflects the state government’s commitment to strengthening strategic investment ties, particularly in green energy, sustainability and high-impact economic development.
He said the project would combine solar energy generation with the optimal use of ponds and former mining areas, while incorporating sustainable aquaculture activities.
“The initial focus of the collaboration is to explore the development of a 30-megawatt peak (MWp) floating aqua-voltaic project in Tanjong Tualang, subject to feasibility studies, regulatory approvals and the finalisation of commercial agreements,” he said in a statement issued in conjunction with the Perak government’s Trade and Investment Mission to Shandong, China, taking place from May 17 to 24.
According to Saarani, Shuifa, a Shandong provincial government-linked company, has extensive experience in the water, modern agriculture, clean energy and environmental protection sectors.
He said the collaboration is also expected to create opportunities for technical expertise sharing, technology transfer and investment in the development of renewable energy projects in Perak.
“The memorandum signing also involves technical, commercial, legal and regulatory studies to assess the project’s viability, including the cooperation structure, implementation model, approval requirements and benefits for the local community,” he said.
Saarani added that the trade and investment mission to China also includes business matching sessions and strategic visits involving the automotive, smart city, digital technology and data centre sectors as part of efforts to expand investment networks and explore new collaboration opportunities that could add value to the state’s economic development.
