Energy Transition Update - Malaysia's Largest Solar Initiative Boosts Renewable Energy Prospects

Founder Group Limited has announced that its subsidiary, Founder Energy Sdn. Bhd., is actively participating in Malaysia’s largest-ever utility-scale solar initiative, the Large-Scale Solar 6 (LSS6) programme. Launched by the Ministry of Energy Transition and Water Transformation (PETRA) in July 2026, LSS6 aims to introduce 2,500 megawatts (MW) of solar capacity paired with 1,250MW of battery energy storage, further investing between RM13 and RM15 billion (approximately US$3.2 billion to...