Under a tripartite agreement signed on Oct 17, 2025, the three parties will work together to develop a photovoltaic platform in Malaysia that will also serve the region’s energy needs.
The Malaysian partner, Amerivexx Sdn Bhd, will offer insights into the local market, while Anhui Huasun Energy Co Ltd will provide the expertise and technology. The third party in the partnership, Shanghai Investigation, Design and Research Institute, with its expertise in the clean energy engineering sector such as core technologies in wind power, photovoltaics, and new energy storage, will come in with the technical and experiential support.
In a statement, Amerivexx said that a 120MW large-scale ground-mounted photovoltaic power station will be built at the initial stage “to solidify the foundation of the cooperation” among the three companies.
Leading up to 2030, the three parties will expand into other areas. They will jointly develop enough offshore photovoltaic platforms to supply up to 1GW of energy as well as five medium-size integrated photovoltaic storage power supply modules.
The objective is to integrate the more efficient and reliable heterojunction photovoltaic technology into Malaysia’s energy structure, the statement said. This, it added, would raise the proportion of clean energy in the country’s power mix.
Currently, wind and solar energy account for only 2% of Malaysia’s energy generation.
Heterojunction technology deploys highly efficient solar cells to capture more sunlight, it operates efficiently in hot climates and has a longer lifespan than traditional solar panels. This ensures higher power generation and performance. It also makes it more resilient to degradation.
There also are plans to expand into related areas such as agro-photovoltaics (harnessing solar energy on agricultural land), and photovoltaic hydrogen production.
Also on the drawing board are an efficient “direct power supply” scheme and green electricity trading mechanisms to serve the entire chain from green power production to consumption, both within Malaysia and other Southeast Asian countries.
These initiatives, it said, would not only meet the growing demand for green energy in the region but will also aid in managing carbon footprint.
The alliance among the three companies not only aligns with Malaysia’s ambitious goals under its National Energy Transition Roadmap (NETR) but also plans to drive regional energy transformation.
The agreement among the three companies was inked at the 2025 Malaysia International Green Energy and Environmental Protection Exhibition (IGEM 2025) held in Kuala Lumpur recently. Amerivexx was represented by its co-founder DK Yeo, while vice-president of international business Jacky Chan signed on behalf of Anhui Huasun Energy.
Shanghai Investigation, Design and Research Institute was represented by Zhou Lifeng, general manager for overseas business at its parent company China Three Gorges Corporation.
Dubbed the “golden triangle”, the three parties will offer their core capabilities, experience, and expertise to cover the entire project development cycle.
Amerivexx will leverage its strong relationship with the Malaysian government, insights into the local market, and its ability to bring together multinational corporations and local investments to push the project forward.
It will count on its Corporate Renewable Energy Supply Scheme (CRESS) initiative to help address the demand for green energy of international and local blue-chip enterprises to ensure that the project is efficiently executed and returns are stable.
With its expertise in heterojunction technology, Anhui Huasan Energy will serve as the technology partner and will provide the core of photovoltaic technology in the project, while the Three Gorges Shanghai Institute, will draw on its position as the “national team” in China’s clean energy engineering sector to provide the necessary support.