Ray Go Solar Holdings Bhd plans to expand its solar portfolio business in Penang and Johor of Malaysia. Currently, the company operates in Selangor. This would save costs, achieve energy efficiency, and support the sustainability goals of the world. Chief executive officer Datuk Ray Tan said that the country needs to fast-track the adoption process of solar energy.
Recently, the company rose from 4 sen to 16 sen on its debut at LEAP Market. The first trade for the company was done at 10,000 shares. Ray Go Solar aims to build a sustainable world by making all productions greener. Productions, such as those from the usage of electricity in residential homes and operations of large industrial factories could be made greener via the utilization of solar energy.
“Thus, we are introducing our solar leasing solutions in 2022, which will significantly reduce the cost barrier and boost the penetration rate of our solar PV solutions. Furthermore, as the renewable energy industry is anticipated to grow multi-fold on the back of robust demand and favourable government policies, we will be expanding our operational footprint nationwide to capture the growing opportunities in the Northern and Southern regions of Peninsular Malaysia,” he said.
The company also has a venture which is into solar leasing and this will allow its consumers to adopt solar PV solutions with low investment capital. Ray Go Solar will be responsible for the installation, operation, and maintenance of such solutions.
Ray Go Solar is determined in providing an integrated green solution, all with the aim of reducing the total carbon footprints of homeowners, factory businesses, government, and non-profit organizations.