Founder Group Limited, a leading provider of engineering, procurement, construction, and commissioning (EPCC) solutions for solar photovoltaic systems in Malaysia, has announced its strong positioning to capitalize on the significant growth opportunities within the country’s renewable energy sector. The total EPCC contract value in Malaysia is expected to rise to RM17.4 billion (USD 4.1 billion), representing a 40 percent increase and ensuring sustained sector activity through the end of 2028. Industry analysts have identified EPCC contractors as potential major beneficiaries of this growth, particularly as solar panel prices are projected to reach their lowest levels in 2025, creating both cost risks for asset owners and advantages for EPCC providers.
Founder Group is strategically aligned to benefit from these market dynamics as a dedicated end-to-end EPCC solutions provider for solar PV projects, focusing primarily on large-scale solar developments as well as commercial and industrial solar projects. The Company recently signed a Memorandum of Understanding with GCL Systems Integration Technology Co. Ltd. to collaborate on renewable energy projects valued at up to USD 220 million across Malaysia and other ASEAN countries. In addition, Founder Group is actively exploring the use of AI-powered solutions with its partners to enhance project management, engineering and design, and operations and maintenance, aiming to improve efficiency and service quality.
The growth prospects for the Malaysian solar EPCC market are supported by initiatives such as LSS Petra, LSS Petra 5+, the Corporate Renewable Energy Supply Scheme (CRESS), and the rapidly expanding rooftop solar segment. The LSS Petra and LSS Petra 5+ programs are expected to deliver up to RM12 billion in contracts with a total installed capacity of 6GW, targeting completion by the end of 2027. Meanwhile, the CRESS program has re-emerged as a cost-effective solution following a recent tariff increase for data centers, potentially generating an additional RM5 billion in EPCC projects driven by 2GW of firm output demand.
Founder Group’s role as a leading EPCC solutions provider is pivotal in advancing Malaysia’s renewable energy landscape. The growth of solar energy projects not only supports national renewable energy targets but also strengthens Malaysia’s data center and AI infrastructure by providing stable and cost-effective power.
As companies increasingly adopt AI technologies, including encrypted AI computing, AI-as-a-Service platforms, sovereign computing systems, and high-performance GPU infrastructure, the availability of reliable and sustainable energy becomes crucial. Founder Group’s solar installation services help ensure that energy-intensive facilities such as data centers have access to dependable and economical power, enabling the expansion of AI capabilities and supporting the country’s digital economy.
Lee Seng Chi, Chief Executive Officer of Founder Group Limited, stated that the Company is exceptionally well-positioned to leverage the robust growth projected for Malaysia’s renewable energy sector. He emphasized that the substantial pipeline of projects across LSS Petra 5, LSS Petra 5+, CRESS, and the rooftop solar market, combined with favorable market conditions such as declining solar panel prices, creates significant opportunities for the Company. He added that the Founder Group remains committed to advancing Malaysia’s renewable energy goals, providing innovative solar installation services, promoting sustainable energy resources, driving business growth, and enhancing shareholder value.
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