Founder Group Ltd, a Malaysian solar company, has been granted a Letter of Award (LOA) to take part in the development of a 10-MWac/15-MWdc floating solar project in Selangor, western Malaysia.
EPCC Provider Awarded MYR 20 Million Contract
The floating solar project is valued at MYR 20 million (USD 4.4m/EUR 4.3m) for the engineering, procurement, construction and commissioning (EPCC) solutions provider. As part of the contract awarded by General Conditions Preliminaries & Consultation, Founder Group will act as a subcontractor, responsible for supplying labor, hand tools, materials and the necessary machinery and equipment for the project.
Floating Solar Project Advances Land Conservation
This advanced FPV technology, which places solar panels on floating platforms in water, reduces land usage while optimizing energy production. The project aims to contribute to land conservation, protect natural habitats and strengthen Founder Group’s commitment to providing innovative, eco-friendly energy solutions. It also highlights the company’s dedication to achieving carbon neutrality.
Lee Seng Chi, Chief Executive Officer of Founder Group Limited, expressed: “We are proud to be selected as a key subcontractor for this innovative floating solar farm project. We look forward to continuing our collaboration on this and future projects, as we work together to support Malaysia’s renewable energy goals and promote a greener, more sustainable future and contribute to the further growth of Founder Group.”
Founder Group: EPCC Leader in Solar Projects in Malaysia
Founder Group Limited is a dedicated, full-service EPCC solutions provider for solar PV installations in Malaysia. The company specializes in two main areas: large-scale solar projects and commercial and industrial (C&I) solar initiatives. Its mission is to deliver innovative solar installation services, promote sustainable energy solutions and support the transition to carbon neutrality.