Founder Group has signed a heads-of-agreement with Planet QEOS Sdn Bhd to jointly develop a 310 MWp ground-mounted solar photovoltaic (PV) plant paired with a 620 MWh battery energy storage system (BESS) in Sarawak, Malaysia, in a project valued at about USD276 million. Part of the same initiative is a 200 MW Green Data Centre Park (SDCP) on 350 acres in Baram.
The project is being designed as Malaysia’s first firm solar power plant, intending to provide renewable electricity on a continuous, dispatchable basis—similar to conventional gas and hydropower sources. Founder Group says the development supports Sarawak’s target of 10 GW electricity generation capacity by 2030 and aligns with ambitions for the Baram Special Energy Zone to become a major exporter of clean energy within ASEAN.
The consortium will move ahead with regulatory approvals, financial close, and definitive agreements, including the Power Purchase Agreement (PPA). It expects the green data centre park to play a critical role in enabling sustainable digital infrastructure while attracting foreign direct investment of over MYR1 billion.