Founder Group's Malaysian unit wins subcontract for Kedah solar farm

The contract is worth US$1.5m (RM6.05m).

Founder Energy Sdn Bhd, a Malaysian subsidiary of Founder Group Limited, has been appointed subcontractor for a 29.99-MWac solar power plant in Kuala Muda, Kedah, under Malaysia's Corporate Green Power Programme (CGPP).

The contract, worth US$1.5m (RM6.05m), covers procurement, electrical and mechanical installation, and commissioning of the facility, according to the press release.

Founder Group will also provide long-term asset lifecycle management and integrate the Company’s proprietary artificial intelligence-driven operations and maintenance technologies.

CGPP is a national mechanism enabling corporates to directly procure renewable energy from large-scale solar developers via the grid.

Malaysia’s renewable energy sector targets 70% renewable energy capacity by 2050.

In July 2026, the country launched the Large-Scale Solar (LSS6) framework, which offers 2,500 megawatts of solar capacity, which is expected to attract investment ranging from US$3.2b to US$3.7b.