IPOH (April 26): Majuperak Holdings Bhd (MHB) will collaborate with Shizen International Inc to explore the development of a solar photovoltaic (PV) project to expand Perak’s clean energy technology usage.

Menteri Besar Datuk Seri Saarani Mohamad said the project is likely to be developed on land and water.

"This collaboration is based on two objectives — to explore the development of solar PV projects on land, and to assess potential water sites for floating PV projects in Perak.

"This collaboration is also in line with Perak's determination to develop green technology and efforts to attract investment through the Flagship Programme 12: Water Resources and Renewable Energy Resources," he said in an MHB statement.

Earlier, MHB group chief executive officer Syed Agil Syed Hashim and Shizen International CEO Rei Ushikubo signed a memorandum of understanding (MOU).

Saarani and Perak State Development Corporation chief executive Datuk Redza Rafiq Abdul Razak, who is also MHB's executive chairman, witnessed the signing.

The state government welcomes local or foreign companies interested to invest in Perak, Saarani said.

Meanwhile, Redza Rafiq said he welcomes Shizen International’s cooperation and international experience in the field.

"We anticipate great progress from the MOU, because we are prepared to intensify the generation of renewable energy in Perak," he said.

He said the initiative is also in line with the National Energy Transition Roadmap, which seeks to increase sustainable energy generation in the country.