VCI Global Targets US$200 Million Revenue with 100 MW of Solar Photovoltaic Projects in Southeast Asia

 

KUALA LUMPUR, Malaysia, Radarseluma.Disway.Id-- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), is setting a target to develop and acquire up to 100 megawatts (MW) of solar photovoltaic (PV) projects across Southeast Asia (SEA) and Europe within the next five years. This expansion is expected to generate approximately US$200 million in revenue over the next 20 years and significantly contribute to VCI Global’s long-term growth.

 

BACA JUGA:MUMU THE BULL (MUMU) Kini Hadir di INDODAX!

BACA JUGA:Inilah Hero Assassin yang Merajai Land of Dawn! Siapa Saja Mereka?

 

As part of this initiative, VCI Global plans to source at least 70% of the 100 MW from projects in Malaysia, leveraging key government programs such as the Corporate Renewable Energy Supply Scheme (CRESS). CRESS allows businesses to directly purchase green electricity from renewable energy developers. Through this initiative, VCI Global will supply renewable energy directly to its data center, further enhancing its energy independence while advancing its sustainability goals.

 

According to Solar Insure, by 2030, data centers are projected to account for 16% of the total U.S. power consumption, a significant rise from just 2.5% a decade ago. This trend highlights solar power as a leading alternative. Combined with advanced battery storage, solar power can provide nearly continuous energy to AI data centers, reducing dependence on grid electricity and fossil fuels. These initiatives will not only contribute to national renewable energy targets but also align with VCI Global’s long-term growth and strategic vision.

 

In parallel, VCI Global will seek to acquire solar farms in Eastern and Southeastern Europe, targeting 30 MW of solar capacity in these expanding markets. This international expansion supports the Company’s strategy to capitalize on the increasing global demand for clean energy while strengthening its renewable energy portfolio.

 

BACA JUGA:Peringati HUT PGRI ke 79 dan HGN, PGRI Seluma Berangkat ke Rejang Lebong

BACA JUGA:Disperindag BS Beri Peringatan Keras Para Pedagang! Tidak Jualan di Luar Gedung PTM Pasar

Sumber: