KUALA LUMPUR: Renewable energy player Sunview Group Bhd (SGB) recently announced that its wholly-owned subsidiary, Fabulous Sunview Sdn Bhd (FSSB), signed a strategic business partnership agreement with the administration of Kashkadarya region.
Kashkadarya, also commonly referred to as Qashqadaryo, is one of the regions of Uzbekistan.
The collaboration between the two parties will focus on developing a 500 MWac solar photovoltaic plant project in the Kashkadarya region, with the implementation target to be within one year from the agreement’s signing.
The project’s total cost is US$1 billion, which will be financed through foreign direct investments.
In addition, SGB will send representatives to the Kashkadarya region to explore possibilities of implementing the project, negotiate with local partners, and evaluate existing operational processes.
SGB executive director and chief executive officer HP Ong said the collaboration underscores the company’s commitment to advancing renewable energy initiatives and global sustainability.
“This project will open new horizons for SGB to extend its geographical presence beyond the local market and accelerate the transition to renewable energy in the Kashkadarya region.
“We are optimistic this partnership will yield a positive outcome for us,” he said in a statement.
SGB endeavours to ascend as the leading renewable energy provider and will further diversify to various clean energy power other than solar.
This complements its role in the vertical integration of the solar energy supply chain.
The committed workforce at SGB is geared towards delivering comprehensive solutions in renewable energy, spanning the entire supply chain, from upstream as an aluminium solar mounting manufacturer to midstream activities like engineering, procurement, construction, and commissioning (EPCC) of solar infrastructure, and downstream responsibilities as a solar asset owner.
