Sunview Consortium Secures RM1.96 Billion Contract for 595 MW Floating Solar Project in Malaysia
Sunview Group Berhad and Cypark Renewable Energy have obtained a RM1.96 billion contract for a 595 MWac floating solar project in Malaysia. This initiative, awarded by TNB Power Generation, aims to enhance the country's renewable energy landscape.
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Sunview Group Berhad's consortium, alongside Cypark Renewable Energy Sdn. Bhd., has been awarded a contract valued at RM1.96 billion for a floating solar photovoltaic project at Kenyir Lake, Terengganu.
The project involves engineering, procurement, construction, and commissioning of a 595 MWac facility integrated with a battery energy storage system, scheduled to begin on June 2, 2026, and expected to complete by September 29, 2028. The joint venture, CRE-Sunview, consists of Cypark holding a 60% stake and Sunview's subsidiary, Fabulous Sunview Sdn.
Bhd., holding 40%. The project is anticipated to positively impact Sunview's earnings while remaining within standard operational risk parameters.
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