FOUNDER GROUP LTD O.N. Aktie

Founder Energy Sdn Bhd, a subsidiary of Founder Group, has been appointed as a subcontractor for a 29.99 MWac photovoltaic plant in Daerah Kuala Muda, Kedah. The contract is worth 6.05 million RM (approximately $1.5m) and covers procurement, electrical and mechanical installation, and commissioning up to the grid interconnection point in accordance with Tenaga Nasional Berhad. Founder Energy is also responsible for permits, licenses and testing; major components will be procured by the main contractor. The project is part of Malaysia’s Corporate Green Power Program and follows the Large‑Scale Solar framework to expand solar capacity. » More on de.investing.com

Founder Energy, a subsidiary of Founder Group, has signed an EPCC contract to build a 1.78‑MWp rooftop solar system for a shrimp farming and processing facility in Ayer Hitam, Kedah, valued at about 5.58m RM (1.37m USD). The contract is the company’s second aquaculture project in Malaysia; the system is designed for a 25‑year operating life and includes static testing, grid‑connection coordination with Tenaga Nasional Berhad and compliance with FM‑Global standards. The announcement refers to Malaysia’s renewable energy expansion targets and expected investments in solar programs. » More on de.investing.com

Founder Energy, a subsidiary of Founder Group, has signed an EPCC contract worth about 4.7 million RM (US$1.15 million) to build a 1.4‑MWp rooftop solar installation across three sites of an integrated shrimp farm in Bandar Permaisuri, Terengganu. The turnkey project covers supply and installation of modules and inverters, mounting structures, cabling and grid connection in coordination with Tenaga Nasional Berhad. It is the subsidiary’s first aquaculture project and aims to address the sector’s high energy intensity and reduce operating costs. » More on de.investing.com