Solarvest Secures 2GW Blanket Order to Offset Rising Solar Costs

KUALA LUMPUR – Solarvest Holdings Berhad has clarified its position amid reports of rising solar panel costs following China’s removal of the 9% export tax rebate. The company said it secured a 2GW blanket order with suppliers at locked-in prices in the second half of 2025, covering project needs for up to 24 months.

Rising Solar Costs

Supported by refundable deposits and bank guarantees, Solarvest expects minimal execution risks. While global module prices have increased, the firm noted currency tailwinds from a stronger Ringgit and reaffirmed its long-term fundamentals, with analysts maintaining “Buy” and “Outperform” ratings.

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