RISE-ing Beyond Borders: Malaysia’s Green Power Gambit

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RISE-ing Beyond Borders: Malaysia’s Green Power Gambit

Project RISE is Malaysia’s bold bid to lead ASEAN’s green energy future. A joint initiative by TNB and PETRONAS, it envisions harnessing Vietnam’s vast renewable energy resources—especially offshore wind—and delivering them to Peninsular Malaysia and Singapore via a 560 km HVDC submarine cable.
The project aims to land 2,000 MW in Malaysia by 2034, of which 700 MW will power Malaysia and 1,300 MW will be wheeled to Singapore. TNB will reinforce its grid and build the IMalaysia-Singapore interconnection, creating a regional green energy corridor.

Backed by the Malaysian Prime Minister, Project RISE will be executed in phases, starting with a consortium-led Joint Development Agreement by May 2025. A second phase—via land—may follow post-2035.

RISE reflects Malaysia Inc.’s ambition to become ASEAN’s renewable energy hub, advancing energy security and climate action through smart interconnection.”

Source: Tenaga Nasional Berhad