Reservoir Link Energy bags 5 solar contracts worth RM12m

RESERVOIR Link Energy Bhd, an energy-related services provider, announced that its 51%-owned subsidiary, Founder Energy Sdn Bhd, has won five solar contracts between October and November 2022 valued at RM12.05 million.

In a statement today, the company said the contracts primarily involve the development of solar energy-related facilities in Kuala Lumpur, Selangor and Perak, where the scope of services is benched on Reservoir Link Energy’s relevant expertise in the solar renewable segment.

The projects are targeted to be completed between the end of 2022 and mid-2023. 

With these contracts, Reservoir Link Energy’s orderbook for the solar renewable segment increases to RM51.5 million.

“As 2022 is gradually coming to an end, I am humbled to once again announce that we have received additional contracts to boost our solar renewable segment,” ED Thien Chiet Chai said.

“It can be said that energy transition overnight is not an easy feat, but I am immensely proud to see the growing interest coming from our clients with thriving demand and continuous replenishments in orders.

“In line with our ideology of bringing long-term value, we strongly believe that our hard work today will further enhance value for the group,” he added. — TMR