Solarvest set to gain from green energy projects

RHB Research said it expects strong contract flows from the recently announced CGPP winners to replenish Solarvest's order book.

PETALING JAYA: Solarvest Holdings Bhd is expected to continue growing its order book, capitalising on the imminent award of up to 800MW Corporate Green Power Programme (CGPP) projects and progressive rollout of the projects under the National Energy Transition Roadmap.

According to Maybank Investment Bank (Maybank IB) Research, Solarvest’s unbilled order book stood at RM457mil as of end-June 2023.