Founder Group Ltd. Announces RM1.16 Billion Solar-Plus-Storage Project in Sarawak to Power Green Data Centre

Reuters

2025/10/17

<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.

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Announces RM1.16 Billion Solar-Plus-Storage Project in Sarawak to Power Green Data Centre","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <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\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. 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ID: 0001213900-25-099531), on October 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FGL","symbol_name":"Founder Group Ltd","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251016:nNDL6GFrGc:1","article_id":"2576778685","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576778685","pubTimestamp":1760644900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Founder Group Limited  has announced a major RM1.16 billion  renewable energy project in Sarawak, Malaysia, in partnership with Planet QEOS Sdn. 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Announces RM1.16 Billion Solar-Plus-Storage Project in Sarawak to Power Green Data Centre\n    \n\n        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. 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