Malaysia solar team partners on 500MW in Taiwan

• Solarvest indicators MoU with neighborhood firm Hsinjing Holding Corporate to establish projects by 2025

Malaysia-based clean power expert Solarvest Holdings Berhad through its wholly-owned Taiwan subsidiary has actually signed a memorandum of understanding (MoU) with Hsinjing Holding Corporate to discover chances to develop approximately 500MW of solar in Taiwan by 2025.

Hsinjing is a well-known financier and design, procurement building and construction, and commissioning professional of solar systems for commercial as well as industrial services, as well as large-scale solar projects.

Solarvest group president Davis Chong Chun Shiong stated: "Today's MoU finalizing with Hsinjing is an essential step for us as we progress our regional expansion agenda and also expand within the Taiwanese RE market.

" We are tremendously delighted to be teaming up with a strong neighborhood companion, whose familiarity with the country's administration as well as laws would verify important in the venture's success.

" We are additionally motivated by the shared self-confidence shown by Hsinjing towards our technological abilities in executing large-scale solar projects.

" With each other, we have set a target to create solar projects with a collective capability of 500MW in Taiwan by the end of 2025."