Malakoff Silver Solar Sdn. Bhd. has entered a 21-year PPA with Tenaga Nasional Berhad and covers a 470 MW AC PV project. The Malakoff Silver Solar Sdn. Bhd. is jointly owned, with Solarvest, a Malaysia-based clean energy developer holding 20% and Malakoff Corporation Berhad holding 80%. The project has been awarded under Malaysia’s LSS PETRA 5+ programme. Under the agreement, Malakoff Silver Solar Sdn. Bhd. will design, construct, own, operate, and maintain the PV facility. The facility has been located at Windsor Estate in Larut and Matang, Perak Darul Ridzuan. Electricity generated from the 470 MW AC installation will be supplied exclusively to Tenaga Nasional Berhad over the contract tenure. The project has been positioned to generate long-term recurring revenue through structured solar power sales. Commercial operations for the solar facility have been scheduled to commence in the first quarter of 2028. Recently, Solarvest and Binastra have secured major LSS5 EPCC awards in Malaysia.