Sunday 28 Apr 2024
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KUALA LUMPUR (Feb 17): Clean energy service provider Sunview Group Bhd's wholly-owned subsidiary Fabulous Sunview Sdn Bhd has signed a memorandum of understanding (MOU) with Huawei Technologies (Malaysia) Sdn Bhd to collaborate in the field of renewable energy, including electric vehicle charging, micro grids, telecommunications site modernisation and energy storage solutions, on a non-exclusive basis for a period of 12 months.

Upon entering into a contractual arrangement, Huawei Malaysia will basically act as a technology provider, while Sunview would be a strategic fulfilment partner, subject to the finer terms and conditions between the two parties, Sunview said in a statement on Friday (Feb 17).

“With the increasing adoption of renewable energy worldwide, the strategic partnership with Huawei comes at an opportune time where Sunview will be able to create more value with the technology from Huawei in assisting more Malaysian companies in the transition to renewable energy usage,” said Charlie Chow Kian Hung, Sunview's chief operating officer and executive director.

Meanwhile, Huawei Malaysia vice-president of digital power business group Chong Chern Peng said power production needs to be low-carbonised to drive the energy revolution for a greener future.

“Leveraging our expertise in digital technologies and power electronics, Huawei Digital Power has created all-scenario low-carbon energy solutions, covering the whole energy flow from green power generation to efficient power consumption.

“This includes our FusionSolar smart PV solution for green power generation, data centre facilities and site power facilities for green ICT infrastructure, as well as FusionCharge for green mobility,” he added.

At the time of writing on Friday, Sunview’s share price had fallen by four sen or 4.68% to 82 sen, giving it market capitalisation of RM381.42 million.

Edited ByLam Jian Wyn
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