Staff Reporter
Published:
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The non-binding MOU covers potential EPC and EPCC roles in Malaysia and other markets.
Singapore-listed Keong Hong Holdings and Malaysia-based Helios Photovoltaic have entered an agreement to explore collaboration in renewable energy, solar, battery energy storage systems, data centres, and related infrastructure projects.
The proposed collaboration will combine Helios’ expertise in solar and renewable energy project development with Keong Hong’s capabilities in construction, engineering, and project management to identify and assess commercially viable opportunities.
Under the non-binding memorandum of understanding, Keong Hong may explore opportunities to participate as a collaboration partner, an engineering, procurement and construction (EPC) contractor, and/or an engineering, procurement, construction and commissioning (EPCC) contractor.
The companies will assess potential projects in Malaysia, Cambodia, Kazakhstan, the European Union, and other markets.
Any participation will be subject to further evaluation and mutual agreement, with definitive agreements to be executed where applicable.
“Through our collaboration with HELIOS, we will selectively assess opportunities where our expertise can add value, including potential participation in EPC and EPCC projects,” said Owen Xu, CEO of Keong Hong.
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