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Reservoir Link Announces Completion of 1.5 GW of Solar Projects

Reservoir Link Energy Bhd, an energy services provider, announced the successful completion of over 1.5 GW of solar projects. The milestone follows the company’s strategic diversification into the solar renewable energy segment in 2021, following the acquisition of Founder Energy Sdn Bhd.

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Since entering the solar sector, Reservoir Link has delivered a total of 1,513 MW of solar projects. In the fiscal year ending December 31, 2021, the company delivered 311 MW, followed by 924 MW in the following 18 months, culminating in the fiscal year ending June 30, 2023. An additional 278 MW was delivered in the fiscal year ending June 30, 2024.

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The significant growth in the Group’s solar project portfolio has solidified its position as a leading Engineering, Procurement and Construction (EPC) services provider in Malaysia. This achievement underlines Reservoir Link’s commitment to renewable energy solutions and the continued development of a strong pipeline of solar projects. The company is also exploring other alternative energy solutions to diversify its revenue streams.

Thien Chiet Chai, Deputy Executive Chairman of Reservoir Link, noted, “Our bold venture into solar energy has been extremely rewarding given the positive growth trajectory we have experienced. This incredible milestone of 1.5GW of completed solar projects in such a short period is a testament to the unwavering dedication and expertise of our team. We have established ourselves as a leader in the emerging renewable energy space. However, we believe that this is just the beginning of our journey, especially with the upcoming listing of Founder Energy Sdn Bhd on the NASDAQ Stock Exchange, which is expected to be completed later this year. We are truly excited about the future as we continue to chart a course for a cleaner tomorrow in line with the growing adoption of renewable energy sources and the transition to clean energy for a more sustainable future.”