by DayakDaily Team
KUCHING, April 17: China Energy Engineering Investment Corporation Ltd (CEEIC) plans to invest USD1.35 billion (approximately RM6 billion) into Sarawak’s clean energy sector with focus on solar, battery storage, and grid infrastructure development.
The company today signed a memorandum of understanding (MoU) with InvestSarawak for the development of large-scale renewable energy projects in Sarawak with a total capacity of 2GW to meet Sarawak’s growing industrial and domestic energy demands.
The MoU signing was witnessed by Deputy Premier of Sarawak and Minister for the Ministry of International Trade, Industry and Investment (MINTRED) Sarawak, Datuk Amar Awang Tengah Ali Hasan.
Speaking at the event, Awang Tengah said that Sarawak welcomes the strategic investment as it aligns with the region’s vision to harness renewable energy for sustainable development.
“We are committed to strengthening Sarawak’s role as a regional hub for green energy and advancing our transition to a low-carbon economy under PCDS 2030,” he said.
CEEIC deputy general manager Wang Honggang added, “We believe that Sarawak offers tremendous potential for the development of large-scale solar and hybrid energy systems, and we are committed to delivering long-term value through this collaboration.
“The potential investment of CEEIC shall be in concert with Sarawak’s power development planning and be implemented into several phases and subject to China’s competent approvals.”
Meanwhile, InvestSarawak chief executive officer Timothy Ong commented, “Sarawak is open for renewable energy energy investments. Our collaboration with CEEIC is another step in positioning Sarawak at the forefront of Asean’s green growth corridor.”
This collaboration signifies the latest wave of strong renewable energy interest in Sarawak, reinforcing the region’s position as a preferred destination for green investment, he said, adding that it aligns with the Sarawak Government’s strategic vision to harness renewable energy to power future-ready, low-carbon industries.
CEEIC, the flagship investment platform of China Energy Engineering Corporation Ltd (CEEC), brings global expertise in energy infrastructure development and integrated clean energy systems.
A recognised leader in solar, wind, hydroelectric and biomass energy, as well as energy storage and grid solutions, CEEIC has developed and managed over 12GW of operational and under-construction energy capacity across coal, hydro, wind, solar, biomass, and energy storage projects.
With investments spanning all provinces in China and extending to Vietnam and the Philippines, CEEIC’s notable achievements include Vietnam’s largest Chinese-invested power plant (Hai Duong BOT), the world’s largest light-heat storage project in Xinjiang (1.5 GW), and China’s largest biomass cogeneration facility. Its green energy initiatives reduce over three million tonnes of CO₂ annually, reinforcing its position as a key driver in low-carbon, sustainable energy infrastructure globally.
The MoU was signed by CEEIC Overseas Department chief economist and general manager He Lei, and InvestSarawak’s Ong. Also present at the ceremony were Deputy Minister for Utility and Telecommunication Datuk Ibrahim Baki, Deputy Minister for International Trade, Industry and Investment Datuk Dr Malcolm Mussen Lamoh, Deputy Minister for Youth, Sports and Entrepreneur Development Datuk Dr Ripin Lamat and Sarawak Energy Group chief operating officer James Ung. – DayakDaily
