TEE and Malaysia Solar partner on Southeast Asian PV opportunities

Facebook
Twitter
LinkedIn
Reddit
Email
The proposed JV will be exploring for opportunities in the South-East Asian markets including Malaysia, Thailand, Philippines, Indonesia and Vietnam. Credit: Singapore

Engineering and real estate firm TEE International, part of TEE Group, has formed a joint venture with PV firm Malaysian Solar Resources (MSR) to focus on Singapore solar tenders and explore investment opportunities in Southeast Asia.

TEE and Malaysian Solar will be 51% and 49% shareholders respectively.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Edwin Neo, Head of Infrastructure, TEE International, told PV Tech that the proposed JV will be exploring for opportunities in the Southeast Asian markets including Malaysia, Thailand, Philippines, Indonesia and Vietnam. The JV sees particular potential for growth in Malaysia as industrialization will lead to higher energy demand, potentially spurring renewable energy development. 

Neo added: “For Malaysia, we can readily leverage on MSR's established business presence and network to grow. MSR has developed a strong track record in the market which we feel is advantageous to the JV. The establishment of the JV will allow the team to not only provide development services and support like EPC and O&M, but to also move up the value chain and have direct ownership of the assets.”

TEE Infrastructure aims to expand into the solar sector through the acquisition of brownfield assets and securing of new solar installation tenders in Singapore and the region. According to an Energy Market Authority report, experts estimate solar power to be satisfying 1.5% of Singapore's energy demand, said Neo. Currently 100MW of solar capacity are being installed in Singapore and the EMA hopes for Singapore to meet its established goal of increasing the share of solar energy to 350MW by 2020.

Neo added that the JV hopes to install around 5% to 10% of that capacity. It will be participating in government tenders as well as focusing on the private sector. Last month, Singapore’s National Water Agency announced plans to tender for two floating photovoltaics power plants for a total of 56.7MW.

Managing director of MSR, Dato’ Sri A. H. Ong, added: “TEE’s regional footprint and strong network, combined with our suite of solar solutions and services, opens the door to more investment and tender opportunities in Singapore and around the region.”

Read Next

September 3, 2025
Singapore-headquartered independent power producer Peak Energy has broken ground on a 65MWp solar project in Isabela, in the Cagayan Valley region of northeast Luzon, Philippines. 
September 1, 2025
Sembcorp Solar Singapore has won a tender to develop an 86MWp floating solar PV project on Pandan Reservoir. 
August 26, 2025
Malaysian clean energy solutions company Gentari Renewables has partnered with Malaysian engineering and infrastructure giant Gamuda to build a solar-plus-storage portfolio in their home country.
August 20, 2025
Blueleaf Energy has signed an MoU with Chemsain Sustainability to explore a portfolio of up to 3GW of solar PV and BESS in Malaysia.
August 8, 2025
German renewable energy developer ib vogt has officially broken ground on a 99MWp solar PV power plant in South Cotabato, the Philippines.
August 6, 2025
The first MW-scale floating solar project in the Philippines has come online, according to solar EPC contractor Black & Veatch.

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