Vivant Energy Corp., a unit of listed Vivant Corp., awarded two new contracts to Solarvest Holding Berhad, a Malaysian solar energy system specialist, for solar rooftop projects that are due for completion in the fourth quarter.
“We’re glad to have Solarvest as our partner in providing solutions that power the success of our customers. We choose partners based on a shared commitment in providing innovative, diverse and customer-focused energy solutions that will enable our customers to turn challenges into opportunities in our changing world,” Vivant Energy chief operating officer Emil Andre Garcia said in a statement.
Vivant Energy selected Solarvest to undertake the engineering, procurement, construction and commissioning works of solar systems at 10 designated buildings, with cumulative capacity of 816.2-kilowatt peak (kWp), at the University San Agustin in Iloilo City, which is currently ongoing.
The company also awarded the contract for the 377.52 kWp solar systems of the Bulihan Industrial Park located in Bulacan. The construction agreements were signed in March.
Solarvest specializes in solar energy installation for residential, commercial and industrial solar panel system in Malaysia. It provides durable and high-performance solar PV systems, providing clients a full turnkey EPCC solar power investment solution.
“This marks our first expansion beyond Malaysia, and we are thrilled to have received the opportunities and confidence from an established industry player such as Vivant Corp.,” Solarvest Group chief executive Davis Chong Chun Shiong said.
Vivant Energy manages its parent company’s investment in energy distribution and generation, retail electricity supply and energy-related engineering solutions in Luzon, Visayas and Mindanao.
The company combines existing and emerging technologies to develop energy solutions for industries and institutions.
Parent firm Vivant is one of the few Cebu-based companies that is listed on the Philippine Stock Exchange. It is a management and holding company with investments in the energy sector and a growing interest in infrastructure development.