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Solarvest Secures RM113 Million EPCC Contract Under The CGPP

Business Today ·  Sep 3 16:25

Solarvest Holdings Berhad has secured a RM 113 million Engineering, Procurement, Construction, and Commissioning (EPCC) contract from P Solar Sdn Bhd.

This partnership, part of the Corporate Green Power Programme (CGPP), will facilitate the development of a 45 MWp solar farm in Mukim Pekan, Pahang. Upon completion, the solar farm is expected to generate approximately 57,500 MWh of clean energy annually, which is equivalent to offsetting around 36,800 tonnes of CO2 emissions.

Estimated to complete by the end of 2025, the solar farm project is anticipated to contribute nearly 60,000 Renewable Energy Certificates (RECs) to the market. These RECs will help corporate consumers meet their sustainability objectives and reduce their carbon footprints.

The solar farm, spread over 88 acres of repurposed land near the coast, is designed with monsoon-resistant features and incorporates top-tier panels and inverters. In the subsequent phase, both companies are actively exploring the adoption of Battery Energy Storage Systems to enhance the solar farm's performance and ensure a reliable supply of renewable energy.

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