VibroPower Signs Power Supply Deal for Malaysian Biomass Plant
VibroPower's unit, Biomass Energy, has signed a deal to supply electricity from its biomass power plant in Sandakan, Malaysia, to Sabah Electricity. The plant, utilizing palm oil waste, has a capacity of 11.5 megawatts, with Sabah Electricity purchasing up to 9 megawatts annually. Biomass Energy needs to secure financing and licenses before operations, expected to commence by October 31, 2026, following a financial close by June 30.
VibroPower said its unit Biomass Energy signed a deal to supply electricity from its biomass power plant in Sandakan, Malaysia, to Sabah Electricity, according to a Tuesday filing on the Singapore Exchange.
The plant, which runs on palm oil waste, has a maximum capacity of 11.5 megawatts. Sabah Electricity will buy up to 9 megawatts annually, with the remainder used for plant operations.
Biomass Energy must secure financing, licenses, and pass technical tests before operations start. The financial close is due by June 30, with operations expected by Oct. 31, 2026.
