Sunny Future Ahead

Malaysia wants to increase its capacity for solar power from about 0.5GW to 5.8GW by 2025. ACE-listed Solarvest Holdings will be a major beneficiary but the market is getting crowded and government agencies need to speed up on approving projects. Davis Chong, the Group CEO, tells how Solarvest intends to move up the value chain as an EPCC contractor (engineering, procurement, construction, and commissioning) to becoming a developer and investor in solar farms, and possibly one day, competing with Tenaga as an electricity retailer when the market is liberalised.