Menteri Besar Saarani Mohamad said the project is likely to be developed on land and water.

“This collaboration is based on two objectives; to explore the development of solar photovoltaic projects on land, and to assess potential water sites for floating photovoltaic projects in Perak.

“This collaboration is also in line with Perak’s determination to develop green technology and efforts to attract investment through the Flagship Programme 12: Water Resources and Renewable Energy Resources,” he said in a statement.

Earlier, MHB Group CEO Syed Agil Syed Hashim and Shizen International CEO Rei Ushikuboa signed a memorandum of understanding (MoU).

Saarani and Perak State Development Corporation (PKNPk) chief executive Redza Rafiq Razak, who is also MHB executive chairman, witnessed the signing.

“The state government welcomes local or foreign companies interested in investing in Perak,” Saarani said.

Meanwhile, Redza said he welcomes Shizen International’s cooperation and international experience in the field.

“We anticipate great progress will be achieved from the MoU because we are prepared to intensify the generation of renewable energy in Perak,” he said.

He said the initiative is also in line with the National Energy Transition Roadmap which seeks to increase sustainable energy generation in the country.

Shizen International is a renewable energy developer active in Southeast Asia and Brazil.