Founder Group Limited Wins US$2.36 Million Contract for 30MW Large-Scale Solar Project in Malaysia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2025
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Should l Buy FGL?
Source: Newsfilter
Contract Announcement: Founder Group Limited has secured a RM10 million contract for the engineering, procurement, construction, and commissioning of a 30-megawatt large-scale solar photovoltaic plant in Malaysia.
Environmental Impact: The project is expected to generate approximately 60,000 MWh of clean energy annually, contributing nearly 60,000 Renewable Energy Certificates (RECs) and offsetting around 40,000 tonnes of CO2 emissions.
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Analyst Views on FGL
About FGL
Founder Group Limited is principally engaged in providing engineering, procurement, construction and commissioning (EPCC) solutions provider for solar PV facilities in Malaysia. The Company’s segments include Large-scale solar projects and Commercial & Industrial (C&I) projects. Large-scale solar projects are utility scale solar photovoltaic (PV) power plants with installed generating capacity of one megawatt alternating current or more. Large-scale solar projects are ground mounted and are designed to supply power to the power grid. C&I projects are smaller scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their own consumption, such as factories, warehouses and commercial stores. The Company offers engineering and design, from initial conceptualization up to detailed system design. This includes designing the solar PV array and balance of system.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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