Categories: Sustainability

Mestron Holdings Secures RM59.99m New Solar Project

Mestron Holdings Bhd, a Malaysian company, has secured a significant RM59.99 million contract for a large-scale solar project, which has boosted the order book value of its Renewable Energy (RE) segment to RM71 million. This milestone demonstrates Mestron’s commitment to expanding its RE business, and it actively participates in tendering for new projects to ensure a sustainable cash flow and revenue.

Read More News from BusinessNewsMy

Mestron Holdings and the ecosystem

Mestron’s Managing Director, Mr Por Teong Eng, said that the contract underscores Mestron’s commitment to expand its business and deliver exceptional value in the RE business through its engineering expertise.

Mestron stands out by creating a holistic ecosystem within the solar sub-sector, offering services such as solar financing, Engineering, Procurement, Construction, and Commissioning (EPCC), and project ownership. Additionally, the company has successfully implemented 1.3MW of solar projects under the government-endorsed net energy metering (NEM) scheme, reinforcing its commitment to green energy and financial health. Mestron’s Managing Director, Mr. Por Teong Eng, expressed the company’s dedication to sustainability and a greener future.

Staff Writer

Recent Posts

Atrial Fibrillation: Hidden Stroke Threat Affecting Malaysians

Atrial fibrillation (AF) is a major stroke risk in Malaysia, often undetected; routine pulse checks…

45 minutes ago

AMD EPYC Powers Agentic AI Growth With Rack-Scale Performance Edge

AMD says its EPYC processors deliver superior rack-scale throughput for agentic AI workloads, enabling enterprises…

5 hours ago

CIMB Partners China CITIC Bank to Advance China-ASEAN Financial Connectivity

CIMB and China CITIC Bank have signed an LOI to enhance China-ASEAN financial connectivity, supporting…

7 hours ago

EG Industries Strengthens AI Networking Position as 1.6T, Network Switches and Thailand Expansion Fuel Next Growth Phase

EG Industries is accelerating beyond traditional EMS, leveraging AI networking demand, 1.6T development, network switches…

8 hours ago

Sime Darby Property Launches RM1.25b New Economy Fund

Sime Darby Property has introduced a RM1.25 billion fund aimed at investing in new economy…

10 hours ago

Pos Malaysia Unifies Courier Services Under Pos Laju Brand

Pos Malaysia has consolidated all its courier offerings under the Pos Laju brand to streamline…

11 hours ago

This website uses cookies.