Sarawak targets green energy collaborations with South Korea, UAE

Sarawak targets green energy collaborations with South Korea, UAE

01 Jun 2024

Sarawak is eyeing collaborations with investors from South Korea and the United Arab Emirates (UAE) in its bid to become a green energy hub, says Tan Sri Abang Johari Openg.

The Premier said a Korean company is proposing the development of an energy hub in Bintulu that would produce green methanol, green ammonia, sustainable aviation fuel, and hydrogen.

“This will involve an estimated investment of USD460bil (RM2,162bil) to be developed up to 2050,” he told reporters after attending a state Gawai open house on Saturday (June 1).

Abang Johari also said Sarawak would work with Abu Dhabi’s renewable energy company Masdar in hydro and solar energy.

“We have identified an area for them to invest in, which can potentially generate 1GW of green energy through hydro in the Murum area. This will be a significant investment that will add value to our green energy production,” he said.

Abang Johari stated that Sarawak would open an office in Abu Dhabi to engage with Masdar.

He said the state is interested in exploring Masdar’s development of elevated solar generation combined with food production.

“We want to be a green energy hub with various energy sources. Our long-term policy ties in with global issues of climate change and food security,” he said, adding that this policy is expected to last beyond 2030.

“We are doing this for the future to benefit the young generation,” he said.

Source: The Star