Malaysia’s LBS Bina Group Berhad has awarded Solarvest Holdings Berhad a RM 104 million Engineering, Procurement, Construction, and Commissioning (EPCC) contract for a 43 MW solar farm in Senawang, Negeri Sembilan, Malaysia. This award marks LBS Bina’s strategic entry into the renewable energy sector. The solar farm, owned by a consortium led by LBS Bina’s subsidiary, Setara Armada, is projected to generate approximately 53,000 MWh of clean energy annually and offset 35,000 tons of CO2 emissions. The project is expected to be completed by the end of 2025 and contribute 53,000 Renewable Energy Certificates (RECs) to the market. Solarvest’s EPCC order book now stands at RM 582 million, with plans to pursue further projects under the CGPP.
Solarvest bags RM 104M contract for PV project in Malaysia
Solarvest will build a 43 MW solar farm for LBS Bina in Negeri Sembilan, reducing emissions by 35,000 tons annually. (Image Source: Solarvest)
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