Reservoir Link Energy secures new solar rooftop projects

KUALA LUMPUR: Reservoir Link Energy Bhd's subsidiary RL Sunseap Energy Sdn Bhd has secured two contracts for the development of solar rooftops.

In a statement, it said RL Sunseap Energy, with collaboration between Reservoir Link and Sunseap Energy (Malaysia) Sdn Bhd has been contracted by Osram Opto Semiconductors (Malaysia) Sdn Bhd to develop solar rooftops in Kulim, Kedah, with a combined installed capacity of 7,708.6 kWp and export capacity of 6,285 kWac.

RL Sunseap Energy has also been contracted to perform the operations and maintenance of the solar photovoltaic system through the expected tenure of 25 years.

Meanwhile, RL Sunreap Energy also signed a rooftop solar supply agreement with PE Land (Penang) Sdn Bhd.

For this job, the company will design, construct, install, own, operate, and maintain a solar PV energy generating system with a DC capacity of 1971.2 kWp on the rooftop of Design Village Outlet Mall in Pulau Pinang.

According to the group, it has successfully secured four contracts to provide rooftop solar PV systems totalling 10MW to-date.

This translates to an estimated recurring revenue of more than RM80mil to be recognised over the course of the tenures.

"We see our recent wins as a testament of the strong synergy formed with RL Sunseap Energy which only reinforced our position as a formidable solar renewable energy farm contractor and owner.

"This is only the beginning of our journey with Sunseap. We believe we are well positioned to provide more clean energy solutions to consumers in Malaysia which is also in line with the national agenda," said Reservoir Link executive director Thien Chiet Chai.