MEDIA ANNOUNCEMENTS

SOLARCITY and ELEAPS JV

G Capital Bhd (GCap) today entered into a joint venture cum shareholders agreement (JVSHA) with Eleaps Sdn Bhd and Muhammad Albashir Abdullah Kok for a subscription of 70 per cent stake in Solarcity Malaysia Sdn Bhd for RM3.5 million.

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MUDA Paper Mills COD

G Capital Bhd's (GCAP) 70 per cent owned subsidiary Solarcity Malaysia Sdn Bhd (SMSB) today completed the installation and commenced operation of a 3.0 MWp solar photovoltaic electric power generation system for Muda Paper Mills Sdn Bhd (MPM) in Simpang Ampat, Pulau Pinang.

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EVERGREEN 7MW PPA SIGNED

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MUDA Paper Converting COD

The solar PV system energised is the third amongst many to come in 2022, completed a month after Solarcity's 3.0 MWp for Muda Paper Mills Sdn Bhd in February 2022.

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MUDA PAPER MILLS 5MW COD

George Town, 14 September 2020 — Construction has started on one of the largest commercial and industrial (C&I) rooftop solar projects in Penang, Malaysia. The 5 megawatt peak (MWp) project will span an area of over 26,000 square metres. Canadian Solar is undertaking the project in collaboration with its local partners, Eleaps Sdn Bhd.

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Mayang Hijau Signed

PETALING JAYA: Electrical and mechanical engineering services provider Kejuruteraan Asastera Bhd (KAB) will pay RM800,000 cash for an 80% stake in Mayang Hijau Sdn Bhd (MHSB), which builds and operates solar photovoltaic (PV) power systems.

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DELUXE 1.1MW COD

G Capital Bhd today completed the installation and commence operation of the 1.1 MW solar photovoltaic electric power generation system for De-Luxe Food Services Sdn Bhd in Pulau Indah, Selangor.

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KSK SIgned

KUALA LUMPUR (March 2): G Capital Bhd (formerly known as Gunung Capital Bhd) said its 70%-owned unit Solarcity Malaysia Sdn Bhd has been awarded a solar photovoltaic energy generating system contract by two subsidiaries of KSK Group Bhd.

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MUDA PASIFIK 1.2MW COD

GCAP executive director Tan Sri Dr Ali Hamsa said the commencement of the operation of 1.2 MWp solar PV system remarked successful delivery of promise and fully demonstrated the resilience of the company in hurdling challenges faced, in particular disruptions of work scheduled from the MCO.

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Chin Herr and Chin Well Signed

KUALA LUMPUR (May 9): Passenger vehicle charterer G Capital Bhd (formerly known as Gunung Capital Bhd) on Monday signed a 25-year solar power purchase agreement (PPA) with two of Chin Well Holdings Bhd's units for a 5.38 MWp solar photovoltaic (PV) generating system in Bukit Mertajam, Penang.

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Evergreen 7MW COD

KUALA LUMPUR (July 1): G Capital Bhd’s 70%-owned unit Solarcity Malaysia Sdn Bhd had completed the installation and commenced operation of a 7.0MW peak (MWp) solar photovoltaic electric power generation system for a power purchase agreement (PPA) with Evergreen Fibreboard Bhd on Friday (July 1).

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Senheng Launches Residential Solar Pv System

Senheng will offer three residential solar PV system packages with setup costs of 4kWp (RM40,800), 8kWp (RM81,600) and 12kWp (RM122,400).

Residential Solar PV system financing packages by Senheng

Climate is certainly good for the solar PV industry in Malaysia; at least where financing is concerned. Just a couple of months ago, Alliance Bank Bhd came up with Home Complete Plus-Solar Panel Financing. Then, earlier this month, Bank Muamalat became the second bank in Malaysia to offer financing for solar PV under the Home Solar Rooftop Programme by SEDA.