GreenRock Energy and Solarvest to build 1GW solar projects in Malaysia and Taiwan

Facebook
Twitter
LinkedIn
Reddit
Email
Solarvest and GreenRock Energy
GreenRock Energy sees Malaysia as the first market to expand footprint in Southeast Asia. Image: Solarvest

Taiwanese renewables developer GreenRock Energy has formed a partnership with Malaysian solar company Solarvest to develop 1GW solar PV projects in Taiwan and Malaysia.

A spokesperson from Solarvest told PV Tech that the portfolio will consist of a variety of solar PV projects, including rooftop, ground-mounted, floating, and large-scale solar PV plants. The projects will be developed in the next five years, and there is “a possibility” of installing battery energy storage systems (BESS) alongside them.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

In Taiwan, both companies will collaborate to build on large-scale projects, targeting a total capacity of 500MW.

GreenRock Energy said this collaboration enables it to advance regional expansion by using Solarvest’s expertise in Southeast Asia. As of the end of March 2024, Solarvest’s portfolio reached 1.2GW, with 440MW of projects under construction and 348MW of solar assets.

Malaysia is expanding its installed solar capacity, evidenced by a tender launched earlier this year, seeking 2GW of large-scale solar PV capacity for projects between 1MW and 500MW capacity. This tender – the fifth such vehicle launched by the Malaysian Energy Commission (Suruhanjaya Tenaga) – required projects to be online by 2026. The Suruhanjaya Tenaga said that proposals from interested parties must be submitted by 25 July 2024.

Meanwhile in Taiwan, floating solar PV (FPV) developer Ciel & Terre Taiwan and renewables developer HEXA Renewables completed the 192.3MWp final phases of a 440MWp floating solar project in February.

Situated within the Changbin Industrial Park in Changhua County, the projects Changbin #3 and #4 are extensions of the former Changbin floating solar project built in Taiwan in 2020 in the same area and cover over 171 hectares of water surface. Construction of Changbin #3 and #4 started in October 2022, with the first commercial operation date achieved in October 2023.

Read Next

August 29, 2025
Chinese module maker JA Solar has launched DesertBlue, a PV module designed for desert and semi-arid regions. 
August 29, 2025
US grid interconnection agreements grew by 33% in 2024, reaching 75GW, with three-quarters signed for solar PV and battery energy storage system (BESS) projects, according to a new report from energy market analyst Wood Mackenzie.
August 29, 2025
Meridian Energy and Nova Energy have established a JV to build and operate a 400MW solar plant in Rangitaiki near Taupo in New Zealand.
August 28, 2025
Indian solar manufacturing firm INA Solar has broken ground on its fourth 4.5GW cell production plant in Narmadapuram, Madhya Pradesh.
August 28, 2025
Boviet Solar has completed exterior construction work on its 3GW PV cell manufacturing facility in Greenville, Pitt County, North Carolina. 
August 28, 2025
Venture capital firm Pacific Channel has launched Fund V, which targets 10GW of solar, wind, and energy storage in New Zealand.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines