Founder Group Limited has secured a conditional letter of award to construct a 100 MW solar farm in Tanjung Malim, Malaysia. Valued at USD68 million, the project will supply power in Enstek, near Kuala Lumpur.
Founder Group will lead the engineering, procurement, and construction of the project, with Hexatoff Group Sdn Bhd providing turnkey solutions. The initiative aligns with Malaysia’s goal to increase renewable energy to 40 per cent of its electricity mix by 2035 and 70 per cent by 2050. As of 2023, Malaysia had installed 1,933 MW of solar capacity, with ongoing efforts like the fifth round of the Large Scale Solar tender to drive further progress.