Founder Group Limited has entered into a Heads of Agreement with Planet QEOS Sdn. Bhd. for the development of an innovative renewable energy facility in Sarawak. This joint initiative is valued at up to RM1.16 billion and aims to establish a large-scale solar photovoltaic power plant along with a Battery Energy Storage System.
Company Information
Company
Founder Group Limited
Location
Selangor, Malaysia
About
VES 1 Joint Stock Company is a subsidiary of VES Joint Stock Company, specializing in solar energy projects in Vietnam. VES 1 focuses on developing solar energy projects across the country and is actively involved in several solar rooftop projects, with a combined capacity of 5.6MWp. VES1 also has plans for significant expansion of solar projects with energy storage, aligning with Vietnam's strategic energy development plan.
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