Solarvest secures MYR 89.5M EPCC contract for 36 MW solar project in Malaysia
Type: Development · Technology: Solar · Country: Malaysia · Capacity: 36 MW · Value: $22.71M · Announced: 2026-03-19
Malaysia-based Solarvest Holdings Bhd secured an MYR 89.5 million (~$22.71 million) EPCC contract from Jubli Pasifik Sdn Bhd. The contract involves the development of a 36 MW (AC) utility-scale solar project located in Kangar, Perlis, under the LSS5+ program. This project will utilize Tier One N-Type PV modules and advanced inverter systems, with engineering optimized for Malaysia's tropical climate conditions. The solar plant is scheduled for commercial operation by February 26, 2028, and is projected to generate 68,550 MWh annually. Post-completion, AI-based monitoring systems will be deployed to support predictive maintenance and performance tracking for the facility.
Analysis
Solarvest Holdings Bhd secured an MYR 89.5 million (~$22.71 million) EPCC contract from Jubli Pasifik Sdn Bhd to develop a 36 MW (AC) utility-scale solar project in Kangar, Perlis, Malaysia. The project will use Tier One N-Type PV modules and advanced inverter systems, with engineering adapted to Malaysia's tropical climate. Commercial operation is scheduled for February 26, 2028, and the plant is expected to generate 68,550 MWh annually. AI-based monitoring systems will be deployed post-completion for predictive maintenance and performance tracking.
Key points
- MYR 89.5 million (~$22.71 million) EPCC contract value
- 36 MW (AC) capacity solar project in Kangar, Perlis, Malaysia
- Commercial operation date: February 26, 2028
- Annual generation projected at 68,550 MWh
- Use of Tier One N-Type PV modules and AI-based monitoring systems
Counterparties
- Jubli Pasifik Sdn Bhd (Developer)
- Solarvest (Epc)