Blueleaf & UP Win Landmark 400MWh BESS Project in Malaysia

Blueleaf Energy and Universal Peak among four selected bidders in MyBeST program, out of 28 bids submitted.
Program directly supports NETR, which targets 70% renewable energy capacity by 2050.

Blueleaf Energy and Universal Peak teams celebrate submission of what will become winning bid tender for MYBeST program in Malaysia.

From left to right: Nordalina Binti Daud, Head of Business Development (Universal Peak), Girish Shivakumar, Senior Manager, BESS (Blueleaf Energy), Alfredo Jakub, Head of Engineering and Technology (Blueleaf Energy); Raj Kumar R Gopal Pillai, Managing Director (Universal Peak); Raghuram Natarajan, CEO (Blueleaf Energy); Surin Raj Ganasan, Project Manager (Universal Peak), Muhammad Razif Bin Ramli, Project Director (Universal Peak) Krystle Chan, Senior Investment Manager (Blueleaf Energy); and Renata Issacs, Assistant Project Manager (Blueleaf Energy). — From left to right: Nordalina Binti Daud, Head of Business Development (Universal Peak), Girish Shivakumar, Senior Manager, BESS (Blueleaf Energy), Alfredo Jakub, Head of Engineering and Technology (Blueleaf Energy); Datuk Ir. Raj Kumar R Gopal Pillai, Managing Director (Universal Peak); Raghuram Natarajan, CEO (Blueleaf Energy); Surin Raj Ganasan, Project Manager (Universal Peak), Muhammad Razif Bin Ramli, Project Director (Universal Peak) Krystle Chan, Senior Investment Manager (Blueleaf Energy); and Renata Issacs, Assistant Project Manager (Blueleaf Energy).

Blueleaf Energy in partnership with Universal Peak Sdn. Bhd. today announced that their consortium has been selected by the Energy Commission of Malaysia (Suruhanjaya Tenaga) to build, own, and operate a 100MW/400MWh utility-scale Battery Energy Storage System (BESS).

The project is part of the inaugural Malaysia Battery Energy Storage System (MyBeST) program, a competitive bidding initiative representing the largest deployment of grid-connected BESS in Peninsular Malaysia to date. With a targeted commissioning date in 2027, the project will play a pivotal role in strengthening Malaysia’s national grid and accelerating the country’s transition to a carbon-neutral renewable energy future.

The MyBeST program is a cornerstone of the National Energy Transition Roadmap (NETR), which targets 70% renewable energy capacity by 2050. By providing essential grid services such as frequency regulation, peak and energy shifting, BESS technology reduces reliance on fossil-fuel peaking plants, and expands the use of solar power beyond sunshine hours. BESS therefore optimize power system costs, and enhances the overall resilience of the energy infrastructure.

Raghuram Natarajan, CEO of Blueleaf Energy, said, “We are honored to be selected by the Energy Commission for this landmark program. This success reflects the dynamism of our partnership with Universal Peak and our shared commitment to supporting Malaysia’s energy transition. By pairing our global expertise in large-scale renewable energy development and financing with Universal Peak’s deep local insights and engineering capabilities, we are well-positioned to deliver world-class sustainable infrastructure that will benefit the Malaysian people and the economy for decades to come.”

Datuk Ir. Raj Kumar R Gopal Pillai, MD of Universal Peak added, “Our selection under MyBeST underscores the strength of our collaborative approach. This project is more than a milestone for our consortium; it is a critical step in reinforcing grid reliability and accelerating the adoption of clean energy technologies in Malaysia. We look forward to working closely with Suruhanjaya Tenaga and all stakeholders to shape a more resilient energy future.”

The selection of the Blueleaf Energy-Universal Peak consortium (under the name BLE C&I Projects 2 Pte Ltd and Universal Peak Sdn Bhd) follows a highly competitive process involving 28 bids, of which four were accepted. The Energy Commission highlighted that the selected projects utilize diverse battery technologies, allowing for the assessment of performance under Malaysia’s unique grid and climatic conditions.

This win further expands Blueleaf Energy’s Southeast Asian footprint, leveraging its integrated expertise in solar, wind, and storage to advance the region’s transition to net zero.

About Blueleaf Energy

Blueleaf Energy is a leading pan-Asian renewable energy platform that develops, finances, owns, and operates onshore solar, wind, and storage assets. We are committed to accelerating the energy transition towards net zero and beyond, while upholding the highest environmental, social, governance, and safety standards. Serving corporate and industrial consumers alongside large utilities, we provide competitive, green energy solutions to help our customers achieve their sustainability targets.

Owned by a fund managed by Macquarie Asset Management, Blueleaf Energy operates in Southeast Asia, India, Taiwan, and Japan. The company currently has over 1.3 GWp of projects in operation or under construction, and a project pipeline that includes over 7.5 GW of generation assets and nearly 3.3 GWh of storage projects.