Malaysia: Scomi, SGSB to set up renewable energy JV

Malaysia: Scomi, SGSB to set up renewable energy JV

Scomi Group, a global service provider based in Malaysia, has joined hands
with Malaysian group Synergy Generated Sdn Bhd (SGSB) to set up a new
company which will bid for engineering, procurement and construction (EPC)
contracts in the renewable energy sector, particularly for solar
photovoltaic farms.

Besides EPC solutions, the JV company will also offer operation and
maintenance services for solar projects.

SGB will be the majority shareholder of this JV company with 51 per cent
interest while SGSB will hold the remaining 49 per cent.

SGB is a global technology enterprise mainly in the energy and transport
sectors. Through its subsidiary and associate companies, it is involved in
drilling, development and production services for the oil and gas industry,
Marine services as well as the design and manufacture of Rail and Commercial
Vehicles systems.

SGSB offers unique, cost effective and innovative solutions in the field of
large scale solar photovoltaic power generation.

SGSB is the lead developer, owner and operator of a solar power plant in
Setiu, Terengganu. The plant was built in a record time of nine months and
was fully operational in November 2014.

The plant is performing well, achieving the projected yield and at the same
time reducing 4.7 metric tonnes of carbon dioxide per year.

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

Link to Original Article: http://tradearabia.com/news/IND_322006.html

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com