KUALA LUMPUR: Solarvest Holdings Bhd
, HSS Engineering Sdn Bhd, and Shizen Malaysia Sdn Bhd have formed a renewable energy (RE) partnership to undertake a 29.99MW, alternating current solar photovoltaic or PV facility in Gurun, Kedah with an investment of RM142mil.
They have formed SM01 Sdn Bhd, under the corporate green power programme initiative, wherein Shizen Malaysia will own a 49% stake, Solarvest Asset Management Sdn Bhd, a subsidiary of Solarvest Holdings (33%), and HSS Engineering Sdn Bhd (18%).
