Malaysia's LSS5+ Solar Photovoltaic Project Successfully Signed

SHANGHAI, Nov. 12, 2026 /PRNewswire/ -- On November 6, a cooperation ceremony for Malaysia's Fifth Large-Scale Solar (LSS5+) investment project, supported by Standard Chartered Bank and China Construction Bank (Malaysia) Berhad, was held at the 9th China International Import Expo (CIIE).

The Malaysia LSS5+ solar photovoltaic project has a total investment of more than US$100 million. It is jointly owned by China Power Engineering Consulting Group (CPECC) and Malaysia's Jaks Resources Berhad. Standard Chartered Bank is leading the project financing and serving as the account bank and coordinator, while China Construction Bank's Malaysia Branch is acting as the co-lead arranger. Together, the two banks will provide financial support to ensure the smooth progress of the project.

The project is a key initiative under Malaysia's Fifth Large-Scale Solar Programme, which forms part of the country's National Energy Transition Roadmap (NETR). It directly supports Malaysia's ambition to achieve a 70% share of renewable energy in its installed power generation capacity and reach net-zero emissions by 2050.

Upon completion, the project will provide a stable, clean and efficient local power supply, helping upgrade Malaysia's energy infrastructure and supporting its economic and social development. It is expected to become a benchmark for cross-border investment cooperation between China and Malaysia in the green energy sector.