Reservoir Link Energy Bhd has accepted two letters of award from Klang River Property Sdn Bhd and EE FOOD International Sdn Bhd for the development of solar rooftops which will have an installed capacity of 132 kWp and 180 kWp respectively upon completion.
The solar agreements are expected to provide the group with a total earnings accretion of RM3.1 million collectively over the period of 15 years.
Keeping up with the momentum of the renewable energy segment, The Group through its 51% owned subsidiary Founder Energy Sdn Bhd has also received purchase orders from both Samaiden Sdn Bhd and Fabulous Sunview Sdn Bhd (a wholly owned subsidiary of soon-to-be-listed Sunview Group Berhad) to supply its solar mounting structure. This is in line with the thriving demand of the country’s growing adoption as well as the transition into solar renewables.
With the inclusion of the new contracts, Reservoir Link’s total order book for the solar renewable energy segment stood at more than RM50 million. In addition, the Group will build and own a total of 11 Megawatt solar renewable energy farms.
