PETALING JAYA: Yinson Holdings Bhd will enter a joint venture (JV) to develop and implement commercial and industrial (C&I) rooftop solar photovoltaic (PV) projects in Malaysia.
In a statement, the company said its subsidiary, YR C&I Pte Ltd (Yinson Renewables), is forming a JV with Plus Xnergy Holding Sdn Bhd for the business.
“This follows the collaboration agreement signed in August 2021 when both parties expressed intentions to enter into a business alliance to invest and develop up to 250MW of PV C&I projects within and beyond Malaysia,” Yinson said in a statement.
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