KUALA LUMPUR: Solarvest Holdings Bhd has formed a strategic partnership with Taiwan's GreenRock Energy to accelerate the development of green energy solutions in Taiwan and Malaysia.
In a statement, Solarvest, a clean energy expert, said the partnership has a target of achieving 1GW of renewable energy projects in the next five years.
It said GreenRock Energy has become the first Taiwanese company to participate in the Malaysian government's green energy projects as it looked to expand into international markets.
"Through this collaboration, GreenRock Energy anticipates an advancement in its regional expansion by leveraging Solarvest’s strengths in Malaysia and the Southeast Asia market, thereby driving the region’s energy transformation and sustainable development.
"GreenRock Energy is optimistic about Malaysia's green energy prospects and is committed to 'leading the energy revolution in creating a low-carbon future'."