Shanghai Electric Meets with Sarawak State Government of Malaysia

On June 10, Shanghai Municipality and Sarawak State, Malaysia, marked a significant milestone in their energy cooperation, advancing on two fronts simultaneously. On the same day, Shanghai Mayor Gong Zheng met with a delegation led by Deputy Prime Minister of Sarawak State, Malaysia, Sim Kui Hian, and the two sides exchanged views on deepening economic, trade, and investment cooperation, as well as new energy development. During the delegation's visit to Shanghai, Dato Ibrahim Bakki, Deputy Minister of Public Utilities and Communications of Sarawak State and Chairman of Sarawak Energy Berhad, led a Sarawak delegation to visit Shanghai Electric and held in-depth discussions with Wu Lei, Secretary of the Party Committee and Chairman of Shanghai Electric Group, on further deepening cooperation. Meanwhile, Shanghai Electric signed cooperation agreements with the Sarawak State Government and China Three Gorges International Energy Investment Co., Ltd., marking a new phase in green energy collaboration between China and Malaysia under the framework of the Belt and Road Initiative.

Dato Ibrahim Bakki first conveyed greetings from Sarawak Premier Tan Sri Datuk Patinggi Abang Johari Tun Openg to Wu Lei and expressed gratitude to Shanghai Electric for its contributions to promoting Sarawak's energy transition in recent years. He stated that with abundant renewable resources and a strategic geographical location, the Sarawak State Government of Malaysia is currently investing heavily in green energy sources such as solar, hydrogen, natural gas, and hydropower, aiming to transform Sarawak into a clean energy hub for Southeast Asia and even Asia through sustainable future industries. The Sarawak State Government of Malaysia regards Shanghai Electric as a trusted Chinese enterprise and looks forward to strengthening further cooperation with Shanghai Electric in areas such as hydrogen energy, hydropower, PV, ESS, and gas turbines to support Sarawak's green energy transition.

Wu Lei welcomed the visit of Dato Ibrahim Bakki and his delegation and briefly introduced Shanghai Electric's business operations. He stated that Sarawak is an important base for Shanghai Electric to expand its market in Malaysia and Southeast Asia. Through years of connectivity-building efforts, Shanghai Electric has achieved remarkable cooperation results with the Sarawak State Government of Malaysia and Sarawak Energy Berhad. At this critical stage of the synergistic advancement of the Belt and Road Initiative and the ASEAN Energy Community, Shanghai Electric is willing to actively implement the "Joint Statement on Building a High-Level Strategic China-Malaysia Community with a Shared Future" and take this visit by the Sarawak delegation to Shanghai as an opportunity to strengthen cooperation with all parties in Sarawak across various fields through its advantages in equipment manufacturing and scientific and technological innovation R&D, jointly writing a new chapter in Southeast Asia's energy transition.

Earlier on the 10th, Zhu Zhaokai, Deputy Secretary of the Party Committee and President of Shanghai Electric Group, was invited to attend the opening ceremony of the 18th International Solar PV and Smart Energy (Shanghai) Conference & Exhibition and witnessed the signing of a "Memorandum of Understanding on Cooperation for the Sarawak 1000 MW Bakun Reservoir Floating PV Project" among the Sarawak Ministry of Public Utilities and Communications, China Three Gorges International Energy Investment Co., Ltd., and Shanghai Electric Power Transmission and Distribution Group Co., Ltd. According to the agreement, the three parties will leverage Sarawak's unique conditions for floating PV development to promote the installation of over 1 gigawatt (GW) of floating PV capacity in the Bakun reservoir area, ensuring that Sarawak achieves its established target of a total installed capacity of 10,000 megawatts (MW) by 2030, and jointly assisting Sarawak in becoming a new energy power generation hub in Southeast Asia.

The heads of relevant industrial sectors from the Sarawak Ministry of Utilities and Telecommunications, Sarawak Energy Berhad, and Shanghai Electric attended the above-mentioned event.