Sunview Secures EUR15.6 Million Solar EPCC Contract In Bulgaria

Contract valued at approximately RM79.46 million equivalent & marked as Sunview’s first EPCC contract in Europe and a significant step to global market expansion

Petaling Jaya, 18 June 2024 – Sunview Group Berhad (“Sunview” or the “Group”), a prominent renewable energy (“RE”) player principally involved in the engineering, procurement, construction and commissioning (“EPCC”) and related activities, announced that its indirect wholly-owned subsidiary, Sunview Builders Pte. Ltd. has secured a EUR15.6 million, equivalent to RM79.46 million EPCC contract from OKOP Solar EOOD, a company incorporated and operating in Bulgaria engages in the generation and sale of electricity from renewable sources as well as research, analysis, design, advisory, engineering activities and any other activities not prohibited under Bulgarian law.

Under the Agreement, Sunview will be an EPCC provider of a 20MW(ac) solar photovoltaic power plant (“PVPP”) in Bulgaria.

Sunview Group Berhad group executive director & group chief executive officer HP Ong said, “This contract marks a giant leap forward as part of our global market expansion plan, especially in Europe. Europe’s RE market offers vast opportunities, and Sunview is well-positioned to seize them. With our proven track record, we are confident in delivering this project and establishing ourselves as a key player in Europe’s RE landscape. This project is Sunview’s first EPCC venture in Europe and a starting point as we actively pursue additional projects in other countries to achieve sustainable growth. Additionally, there is another promising 30MW(ac) solar PVPP opportunity in the pipeline that we are tendering for, which will further strengthen our presence in the Europe market.”

About Sunview Group Berhad (“Sunview” or the "Group")

Sunview stands as an investment holding company with a strategic focus on sustainable ecosystems through its subsidiaries. As Sunview endeavours to ascend as the leading renewable energy provider, it is dedicated to further diversify to various clean energy power other than solar. This complements its role in the vertical integration of the solar energy supply chain. The committed workforce at Sunview is geared towards delivering comprehensive solutions in renewable energy, spanning the entire supply chain, from upstream as an aluminium solar mounting manufacturer to midstream activities like engineering, procurement, construction, and commissioning (EPCC) of solar infrastructure, and downstream responsibilities as solar asset owners. Through its 360° sustainability solutions, Sunview is committed to making sustainable energy accessible to all, supporting customers on their environmentally conscious journey.

Sunview is duly registered under the Sustainable Energy Development Authority Malaysia as a solar service provider and solar PV investor. Furthermore, it holds certification as a contractor of Tenaga Nasional Berhad, an electrical contractor, and an energy service company under Suruhanjaya Tenaga. Additionally, it is recognized as a G7 contractor by the Industry Development Board.

For more information, please visit https://sunview.com.my/.

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