Wawasan Demi Sdn Bhd (WDSB), a subsidiary of Aizo Group Bhd has been selected by the Energy Commission (EC) to develop a 99.99 MW solar photovoltaic (PV) plant in Kampar, Perak, Malaysia. The project, part of the Large Scale Solar 5 (LSS5) programme, is set to be completed by October 30, 2027. The development, funded through internal funds and/or bank borrowings, will be executed under a 21-year solar power purchase agreement. This marks a key step in Aizo’s expansion into renewable energy.
Although the project is not expected to impact Aizo’s financial performance for FY 2025, it is expected to contribute positively to earnings once operational. The company, which has faced consecutive annual losses since 2022, remains committed to supporting Malaysia’s clean energy transition. This solar project follows Aizo’s first LSS project, completed in May 2023.