NuEnergy to invest RM48.76m in 21MWp solar project on 49 government rooftops
The Malaysian Reserve
NuEnergy Holdings Bhd will invest about RM48.76 million in rooftop solar photovoltaic facilities with a combined capacity of 21MWp across 49 government agency sites. Its subsidiary IL Energy will own the systems, while Armani Sinar accepted a letter of award on Sept 11 to act as strategic partner supplying modules and inverters. Completion is targeted for the second quarter of 2027, funded through internal funds and borrowings.
