Founder Group Secures Contract Valued at US$2.6 Million to Build a Roof-Top Solar Generating Facility in Malay

 

According to a recent research report by Kenanga issued on January 20, 2025, the Malaysian government has increased its renewable energy targets to achieve 40% (23GW) capacity by 2035, up from the current 27% (12GW). Solar is expected to power more than 80% of the 11GW growth required by 2035, as such the government has initiated a new wave of large scale solar (LSS) to accelerate the transition with another 2GW of capacity. In addition, at this time, the total value of EPCC contracts in the market has risen to RM12.4b, up from RM7.4b, which signals sustained sector activity through the end-2027.

 

About Founder Group Limited

 

Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia. The company’s primary focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. The company’s mission is to provide customers with innovative solar installation services, promote eco-friendly resources and achieve carbon-neutrality.

Sumber: