Founder Group wins $1.5M solar subcontract in Malaysia's Kedah
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Founder Group Secures US$1.5 million EPCC Subcontract under Malaysia's Corporate Green Power Programme for 29.99MWac Large-Scale Solar Facility in Kedah
August 20, 2026 8:30 AM EDTKUALA LUMPUR, Malaysia, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) (Founder Group or the Company), has been engaged as subcontractor under Malaysias Corporate Green Power Programme (CGPP) for the procurement, electrical and mechanical installation and commissioning of a 29.99MWac large-scale solar photovoltaic facility in Daerah Kuala Muda, Kedah. The engagement is valued at RM6.05 million (approximately US$1.5 million).
CGPP is a national mechanism enabling corporates to directly procure renewable energy from large-scale solar developers via the grid, supporting corporate decarbonization commitments while... More
