KUALA LUMPUR, Clean energy solutions provider Solarvest Holdings Bhd has entered into a strategic collaboration to accelerate growth in the commercial and industrial renewable energy self-supply (CRESS) market.
The partnership aims to tap into the rising demand for sustainable energy solutions among businesses seeking to lower carbon emissions and reduce dependence on conventional power sources.
In a statement, Solarvest said the tie-up will combine its technical expertise in solar engineering and project delivery with its partner’s resources and network to unlock opportunities in Malaysia’s growing CRESS segment.
“The collaboration reinforces our commitment to drive renewable energy adoption among corporates and industries, supporting the nation’s energy transition agenda,” Solarvest said.
Industry analysts note that the CRESS programme, introduced under Malaysia’s renewable energy framework, has gained traction as more companies look to self-generate electricity for operational efficiency and long-term cost savings.
The partnership is expected to contribute positively to Solarvest’s earnings outlook while enhancing its position as a key player in the renewable energy ecosystem.
