Semarak Renewable Energy Sdn Bhd (SeRenE) has secured a financial package of RM1.88 billion to develop a green hydrogen project in Perak, Malaysia. The project will involve a green hydrogen production facility containing a floating photovoltaic (PV) power generation, storage and logistics production. The project will also involve the secondary development and utilisation of tin ore lake, further contributing to the country’s green and low-carbon transformation.
In January 2024, China Hydropower (Malaysia) Company Limited, a subsidiary of PowerChina and SeRenE signed an RM1.88 billion contract for the green hydrogen project.