Reservoir Link Secures 6 New Solar Contracts worth RM6.59 Million

Kuala Lumpur, 15 August 2023 – Reservoir Link Energy Bhd (“Reservoir Link” or “Group”), an energy related services provider, through its 51% owned subsidiary, Founder Energy Sdn Bhd, has secured 6 new solar contracts, between the month of June and August 2023. The contracts collectively have a total value of RM6.59 million.

The Group will apply its proven expertise and relevant experience in solar renewable energy to undertake the abovementioned projects which cover a variety of scopes under engineering procurement, construction and commissioning as well as solar facility earthing works located in Selangor, Johor and Penang.

Reservoir Link Executive Director Thien Chiet Chai said, “Malaysia’s solar industry has been experiencing tremendous growth over the past few decades, especially in terms of deployment, investments and interests from various parties. This is no surprise as solar energy is one of the most abundant and promising sources of renewable energy in Malaysia. As the nation is in transition into renewable energy, we do not foresee the demand to taper off anytime soon. In fact, we believe we have to double up our deployment activities in order to keep up with such overwhelming demand as evident from the continuous new orders and enquiries we have been receiving. That said, we remain positive towards the contributions from our renewable energy segment over the coming years.”