Solarvest, Press Metal SPV clinches RM380mil solar PPA in Sarawak


KUALA LUMPUR: Solarvest Holdings Bhd and Press Metal Aluminium Holdings Bhd’s special purpose vehicle, Mukah Solar Powerplant Sdn Bhd (MSPSB), has signed a RM380 million power purchase agreement (PPA) with Sarawak state-owned Syarikat SESCO Bhd.

The agreement is for the development of a 100 megawatt alternating current (MWac) solar photovoltaic (PV) plant in Mukah.

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