Perbadanan Kumpulan Solar PV Park is a 50MW solar PV power project. It is planned in Pahang, Malaysia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
The project is being developed and currently owned by Reneuco. The company has a stake of 100%.
Perbadanan Kumpulan Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $84.9m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Tenaga Nasional under a power purchase agreement for a period of 25 years from 2022. The offtake capacity is expected to be 50MW.
For more details on Perbadanan Kumpulan Solar PV Park, buy the profile here.
Reneuco Bhd (Reneuco), formerly Kumpulan Powernet Berhad, is a conglomerate company. The company through its subsidiaries is engaged in the manufacture and sale of warp-knitted fabrics, weaving, rings and slides, hook and eye tapes, slide binding and bone casing, hook and eye fittings, dressmakers and laminated fabrics. Its warp-knitted fabrics comprise elastic, tricot, brushed tricot, meshed tricot and microfibre. The company also provides lamination of fabrics and fiberfill services. Reneuco is also involved in the development f real estate properties. It serves lingerie, apparel, automotive, household, shoe and other industrial sectors. The company has operations in the UK and Malaysia. Reneuco is headquartered in Kuala Lumpur, Malaysia.