Malaysia-based clean energy infrastructure developer, Solarvest Holdings Berhad, through its wholly-owned subsidiary, Atlantic Blue Sdn Bhd, has secured Brunei’s largest national solar project via a joint venture company, Seri Suria Power (B) Sdn Bhd, in partnership with Serikandi Oilfield Services Sdn Bhd and Khazanah Satu Sdn Bhd.

Solarvest said in a statement on Monday that set to commence in the third quarter of 2025, the appointment permits Seri Suria Power (B) Sdn Bhd to invest, build, and operate a 30MW Solar Photovoltaic Power Plant (SPVPP) located on a 33.29-hectare remediated landfill in Kampong Belimbing, Mukim Kota Batu.

Upon completion by the end of 2026, the project is expected to be the largest SPVPP in Brunei Darussalam, generating an annual output of 64,473,000 kWh, with a potential to offset about 645,000 MMBtu of natural gas and 92 million tons of carbon dioxide.

The project was formalised on 14 June 2025, following the signing of three pivotal agreements including joint venture agreement between Khazanah Satu Sdn Bhd, Serikandi Oilfield
Services Sdn Bhd and Atlantic Blue Sdn Bhd (a wholly owned subsidiary of Solarvest Holdings Berhad); land lease agreement between Seri Suria Power (B) Sdn Bhd with the government of Brunei Darussalam represented by the Department of Energy, Prime Minister’s office; 25-year power purchase agreement between Seri Suria Power (B) Sdn Bhd and the government of Brunei Darussalam represented by the Department of Electrical Services, Prime Minister’s Office.

The project originated from a request for proposal (RFP) process launched in 2021, which attracted wide interest from both local and international solar developers.

As part of the RFP requirements, participating developers were mandated to form joint ventures with government-linked companies to ensure national participation and capacity building.

This exercise creates confidence in Brunei’s capability to achieve the national aspiration of 30 percent renewable energy mix.

The initiative aligns with Brunei’s commitment to reduce greenhouse gas (GHG) emissions by 20 percent from business-as-usual (BAU) levels by 2030 and supports the country’s goal of diversifying fuel sources in the power sector while reducing reliance on fossil fuels.

In addition to environmental benefits, the SPVPP will generate new opportunities for local businesses and contribute to local economic development through related activities.

“We applaud the Brunei Government’s forward-thinking measures and supportive regulatory framework, which ensure the effective execution of the national clean energy transition plan,

“Alongside various initiatives introduced over the years, this project reaffirms our commitment to a progressive path toward a dynamic and sustainable economy, aligned with prevailing global economic trends,” said Shaikh Khalid bin Shaikh Haji Ahmad, Chairman and Managing Director of Serikandi Oilfield Services.

“With our extensive experience in providing engineering and construction services in the oil and gas industry, Serikandi is well-positioned to seize emerging opportunities in Brunei Darussalam’s growing new and renewable energy sector—opening up job opportunities for Bruneian citizens,” he added.

Meanwhile, Executive Director and Group Chief Strategy Officer of Solarvest, Leon Liew Chee Ing shared that in 2024, Brunei’s electricity consumption totaled 3,242 GWh, with 95 percent generated from fossil fuels—highlighting an urgent need for a clean energy transition.

According to him, the Brunei government’s commitment to renewable energy is truly commendable, given the nation’s abundance of fossil fuels.

“This milestone marks a proud moment for both Solarvest and Serikandi as we support Brunei’s journey toward a more sustainable energy future,

“Leveraging our technical expertise and regional experience, we are honored to play a part in delivering the nation’s largest solar initiative,” he added.

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