Vsolar Engineering under VSolar Berhad and Pasukhas Energy Sdn. Bhd signed a collaborative agreement to provide engineering, procurement, construction, and commissioning (EPCC) services to the solar farm industry, to cater for the swathe of solar projects coming on-stream in the next 24 months.
The collaboration will see Vsolar Engineering and Pasukhas Energy combine their resources to create a project management, execution and ongoing management team to cater for any upcoming large scale solar (LSS) project that requires a turnkey operator to come on stream. Pasukhas Energy Sdn Bhd has a dedicated engineering and construction team, with a longtrack record of project management and construction of civil works, mini hydro plants and power plants. Working in tandem with Vsolar’s technology transfer expertise, as well as its supply chain from competitive and innovative vendor solutions for solar based deployments, the collaboration is confident in providing turnkey design, build and operating solutions to the various LSS awardees that are currently planning deployment in the immediate future.
Solar energy remains at an infancy stage in Malaysia, despite the Net Energy Metering Scheme (NEM) being launched in 2016 to increase the general public adoption of renewable energy. With its adoption set to increase as the world becomes less dependent on fossil fuels, both parties are preparing to divert resources into actively procuring jobs that is anticipated to come online.
Vsolar Engineering will parlay its strength in its relationships with various technology providers and service providers to contribute cutting edge technology, efficient modular construction methodology, Internet of Things (IOT) metering for efficiency and weather forecasting for projection of consumption as well as ongoing digital management to reduce operating costs.
IOT deployment within the solar panel industry is cutting edge, helping to reduce cost of operation, as well as efficiently maximising the positioning of the panels on a dynamic basis to provide full energy collection. Vsolar Engineering is currently in discussions with various counterparties throughout the world to develop a bespoke IOT management system suitable for the Malaysian landscape and weather patterns. The collaboration has already begun negotiations with several infrastructure and renewable energy based funds to also provide a complete solution package, inclusive of capex funding.
The collaboration aims to be tap into the awardees of the LSS 4 tenders for a holistic financing, design, build and operating platform.
