Founder Group & GCLSI sign $220M MoU for ASEAN solar projects
To develop up to $220 million in PV projects, an MoU has been signed between Founder Group and GCLSI to explore opportunities across Malaysia and other ASEAN countries.
To develop up to $220 million in PV projects, an MoU has been signed between Founder Group and GCLSI to explore opportunities across Malaysia and other ASEAN countries.
Two new contracts in Malaysia, worth around $1.5 million, will see Founder Group deliver EPCC and wiring works for rooftop and 29.99 MW AC PV projects respectively.
Under Malaysia’s CRESS framework, a 21-year agreement will supply up to 500 MW renewable energy to DayOne Data Centers via Tenaga Nasional Berhad and TNB Renewables.
Following full subscription of 600 MW, Malaysia added 100 MW to NEM Rakyat rooftop solar quota as Petra and the Energy Commission evaluate future regulatory frameworks.
Telekom Malaysia appointed Gentari for 4.3 MW solar PPAs at six sites, following a tripartite MoU signed with PETRONAS and Gentari to reduce emissions.
Aiming to boost green electricity, Malaysia’s PETRA launched CREAM, allowing rooftop leasing for solar aggregation to third-party renewable energy developers.
A 29.99 MW AC CGPP solar project in Kedah by Solarvest, Shizen Malaysia, and HSS Engineering has received investment tax approval from MIDA during Expo 2025 Osaka.
AirTrunk and ib vogt launched a 29.99 MW solar project under CGPP in Kedah, Malaysia, marking the program’s first build using trackers and bifacial panels.