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Verdant Solar will sponsor and install a 27 kWp rooftop solar PV system at Montfort for self-consumption, pending site survey approval. The installation will meet Malaysian and/or international standards and safety practices. In addition, Verdant Solar will create a Basic Solar PV Learning Module to be integrated into Montfort’s Air-Conditioning & Maintenance Program, offering trainees hands-on experience in solar system fundamentals, design, installation, and monitoring.
Sabah Entrepreneurs Transformation (SET), Verdant Solar, and Montfort Youth Training Centre have inked an MoU to collaborate on a renewable energy project. Under this partnership, Verdant Solar will be setting up a 27 kWp rooftop solar system at Montfort’s facility
Verdant Solar’s balance sheet is expected to improve from a net cash position of RM21.2mil to RM62.5mil. We can expect the group to record a three-year CAGRfor earnings of 21% on the back of a 25% revenue CAGR over the same period driven by accommodative government policies to grow the rooftop solar industry.
