Solarvest diversifies solar offerings

KUALA LUMPUR: Solarvest Holdings Bhd plans to grow the contribution of its solar assets portfolio to one-third of its total revenue in five years as the nation's adoption of the circular economy model drives demand for solar energy.

In remarks made during Solarvest's fourth annnual general meeting, Solarvest CEO Davis Chong Chun Shiong said this was to allow the group to generate a recurring revenue stream that improves its earnings visibility and long-term sustainability.