Semarak Renewable Energy Sdn Bhd (Semarak RE) and PowerChina International Ltd's unit, China Hydropower (Malaysia) Co Ltd., have signed an RM1.88 billion agreement to develop Malaysia's first large-scale green hydrogen production project in Perak using floating photovoltaic power generation.The venture in Perak will involve the development of green hydrogen production and storage by deploying floating photovoltaic power generation, contributing to the shift towards sustainable energy. The agreement includes designing, procuring, and constructing floating photovoltaics, hydrogen production, and storage units.

Source: New Straits Times