Masdar, Citaglobal and TIZA Global have marked the start of construction of the 200MW Chereh floating-solar project in Pahang, Malaysia, following financial close on 27 October.
In its 29 October announcement, Masdar said the partners raised approximately MYR580 million from three international lenders. Project company Chereh Solar expects the plant to begin operating in 2028.
Electricity sales are covered by a 21-year power purchase agreement with national utility Tenaga Nasional Berhad, signed in December 2025. The contract runs from commercial operation.
The partners forecast around 1,500 jobs during development and construction. That is a project forecast, rather than a count of advertised vacancies or permanent operating roles.
Chereh is Masdar’s first Malaysian project and the first under its 10GW renewable-energy roadmap agreed with the Malaysian Investment Development Authority in 2023. Building on a reservoir reduces the need for a land-based solar site.
The construction milestone moves the scheme into delivery, with local infrastructure expertise combined with Masdar’s experience of floating solar in Indonesia.
Source: Masdar, 29 October 2026.
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Image credit: Illustrative technology file photograph: floating solar panels and walkway at Universiti Putra Malaysia, 3 January 2024. This is not the Chereh project or its construction. Wee Hong / Wikimedia Commons, CC BY-SA 4.0. Resized; same licence retained. Original photograph · CC BY-SA 4.0.
By Energy People — compiled with AI assistance from the linked sources.
