Founder Group secures $5M EPC contract for 5.5MW solar plant in Malaysia

Founder Group (FGL) “announced that it has secured a RM19.5 million (approximately $5 million) EPC contract for a 5.5MW solar facility. The contract was awarded by a prominent solar investment company under Malaysia’s Large Scale Solar 5 program. The LSS5 programme, also known as Peralihan Tenaga SuRiA, represents Malaysia’s largest solar tender to date. With a total generation quota of 2,000 megawatts, LSS5 more than doubles the capacity offered in previous iterations, underscoring the accelerating momentum of the country’s renewable energy sector. ”