The World Bank’s IFC will invest in the Southern Johor Renewable Energy Corridor (SJREC), a large-scale solar-plus-storage development totalling 4 GW of solar and 5.12GWh of battery capacity in Malaysia. The USD6 billion project spans about 2,000 sq km and is being advanced with Johor’s state investment arm PDT and Malaysian energy company Ditrolic Energy. It forms part of the ASEAN Power Grid Initiative, which seeks to expand cross-border renewable energy transmission across Southeast Asia.
SJREC is aligned with the Johor–Singapore Special Economic Zone masterplan and will be capable of delivering clean power to Singapore, a country dependent on imported energy and actively pursuing long-distance renewable import projects. The corridor also supports Johor’s Green Development Policy 2030, aimed at accelerating green industry expansion and renewable deployment in the state.
According to IFC, the project will supply renewable electricity to local and multinational companies in Johor, including manufacturers, hyperscale data centres, and other large energy consumers.
