Cypark commissions 30-MW solar plant in Malaysia
- Renewables and also green modern technology designer Cypark Resources Bhd (KLSE: CYPARK) stated on Thursday that a wholly-owned subsidiary has actually commissioned a 30-MW solar energy plant in Kedah, Malaysia, for consumer Viva Solar Sdn Bhd
The system, Cypark Ref Sdn Bhd, acted as the turnkey professional as well as project financier for the solar park at Mukim Sik, which accomplished complete commercial operation date (COD) status on January 1, 2022, ahead of routine.
One more fully-owned subsidiary, Cypark Renewable Energy Sdn Bhd, will certainly supervise of the operation as well as upkeep of the center for a duration of 21 years.
Cypark noted that this will contribute favorably to future profits and web properties per share.