Gagasan Solar signs MoU with Fabulous Sunview to deploy around RM200 million for its targeted commercial and industrial (C&I) solar asset segment.
Joshep Lee, Founder and Managing Partner of Gagasan Solar said the solar industry currently is inclined toward multinational companies and small and medium enterprises do not receive much attention even after showing interest in adopting solar solutions.
“Gagasan Solar’s goal is to bridge this gap in Malaysia’s solar industry and we are confident that this partnership with Sunview will greatly accelerate this process,” he said.
This partnership will strengthen product offerings and market access for both companies and also increase the availability of solar energy for small companies.
Malaysia anticipates having its installed renewable energy capacity of 18,000 MWs by 2035. The country also plans to reduce its dependency on coal by 2033.
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