PETALING JAYA: The engineering, procurement, construction and commissioning (EPCC) contract secured by Sunview Group Bhd
for a 595MW floating solar photovoltaic plant with a battery energy storage system at Kenyir Lake, Terengganu is a major breakthrough for the company, says TA Research.
The contract is valued at RM1.96bil was awarded to a joint-venture consortium with Sunview’s subsidiary, Fabulous Sunview Sdn Bhd, owning a 40% stake while Cypark Renewable Energy Sdn Bhd will own the majority 60%.
The floating solar farm is expected to be completed in slightly over two years, and is set to be the largest in South-East Asia.
The research said this was a huge win for Sunview and marked the group’s breakthrough into the EPCC of floating solar PV plants.
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