Solarvest’s two recently completed CGPP projects for Micron Malaysia have a combined capacity of 108 MWp and total investment of about USD 75 million. (Photo: Solarvest)
Malaysian renewable energy developer Solarvest is moving to compress project timelines as renewable demand accelerates amid rising fuel costs. The company also plans to add roughly 1.3 GW of solar capacity in 2026.
Solarvest aims to bring large-scale project delivery down from 18 to 24 months to around 12 to 16 months, and is in active discussions with regulators to make that feasible, Chief Executive Officer Davis Chong told Bloomberg on Tuesday.
Unlock the full article to explore three key takeaways:
- Solarvest completed its largest corporate green power development to date, supplying both Micron Malaysia and NTT Global Data Centers under the CGPP program.
- Battery storage costs in Malaysia have dropped sharply over the past year, with further declines expected as deployment accelerates globally.
- AI data center demand and regional expansion into Vietnam and the Philippines are shaping Solarvest's next growth phase.
