Brunei is set to develop a 30-megawatt (MW) solar power plant, marking a significant step forward in the country’s renewable energy ambitions.
The project will be led by a newly formed joint venture, Seri Suria Power (B) Sdn. Bhd., which will oversee the construction and operation of the facility. The joint venture is co-owned by Atlantic Blue Sdn. Bhd.—a wholly owned subsidiary of Malaysia’s Solarvest Holdings Bhd—Khazanah Satu Sdn. Bhd., and Serikandi Oilfield Services Sdn. Bhd. Ownership is split among the partners as follows: Atlantic Blue holds a 34% stake, Khazanah Satu 30%, and Serikandi 36%.
Solarvest confirmed in a filing with the Malaysian stock exchange that the Government of Brunei has signed a 25-year Power Purchase Agreement (PPA) for the project, effective from the commencement of commercial operations. Construction is expected to be completed by the end of next year.
The solar farm will be located in Kampong Belimbing, in Brunei-Muara District, on a 33.3-hectare site that was formerly a landfill and has since been rehabilitated. The joint venture has secured a land lease agreement with the Brunei government for the project.
Once operational, the facility will become the largest solar power installation in Brunei and the first to be developed under a public-private partnership model.
According to data from the International Renewable Energy Agency (IRENA), Brunei’s total installed solar capacity stood at 5MW as of the end of 2024—unchanged since 2021. The country aims to generate 30% of its electricity from renewable sources by 2035.