Founder secures 2.36M contract for 30MW large scale solar plant in Malaysia

Founder Group (FGL) announces that it has secured a contract with prominent solar installation companies in Malaysia. The Company secured RM10 million contract for an engineering, procurement, construction, and commissioning of a 30-megawatt large-scale solar photovoltaic plant. The Founder Group will be responsible for the civil and structural works, infrastructural works, installation, commissioning and testing and interconnection facility of the facility. This project awarded is anticipated to contribute nearly 60,000 Renewable Energy Certificates to the market. These RECs will help corporate consumers meet their sustainability objectives and reduce their carbon footprints. Upon completion, the solar farm is expected to generate approximately 60,000 MWh of clean energy annually, which is equivalent to offsetting around 40,000 tonnes of CO2 emissions.