Founder Group Ltd. Announces RM1.16 Billion Solar-Plus-Storage Project in Sarawak to Power Green Data Centre
Reuters
Oct 17
<a href="https://laohu8.com/S/FGL">Founder Group Ltd</a>. Announces RM1.16 Billion Solar-Plus-Storage Project in Sarawak to Power Green Data Centre
Founder Group Limited (NASDAQ: FGL) has announced a major RM1.16 billion (USD276 million) renewable energy project in Sarawak, Malaysia, in partnership with Planet QEOS Sdn. Bhd. The project will feature a 310 MWp ground-mounted solar photovoltaic power plant combined with a 620 MWh battery energy storage system, making it one of the largest clean energy developments in the region. This initiative is part of the Baram DeepTech Energy Programme and will support Sarawak's goal of achieving 10 GW of generation capacity by 2030. Additionally, the consortium plans to develop a 200 MW Tier-4 Green Data Centre Park on 350 acres in Baram, aiming to attract over RM1 billion in foreign direct investment and position Sarawak as a leader in green digital infrastructure in Southeast Asia.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Founder Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-099531), on October 16, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.