Founder Group Signs Memorandum of Understanding with GCL Systems Integration Technology Co., Ltd. to Cooperate on Renewable Energy Projects Valued at up to USD $220 Million
KUALA LUMPUR, Malaysia, June 17, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, is pleased to announce the signing of a memorandum of understanding (MOU) with GCL Systems Integration Technology Co. Ltd. (GCL). The companies have agreed to cooperate and work together to explore, identify, assess and undertake projects focused on the Renewable Energy industry across Malaysia and other ASEAN countries with an estimated value of up to USD $220 million.
GCL Systems Integration Technology Co., Ltd. is a publicly traded company listed on the Shenzhen Stock Exchange. Founded in 2003, GCL has grown into a world-leading one-stop smart PV and storage system integrator. GCL emphasizes technological innovation and excellence by providing high-quality, efficient and differentiated products. Leveraging on their powerful technical research and development strength and excellent system solution design capability, GCL has secured a leading position in intelligent PV and storage energy solutions after 20 years of unremitting efforts. As of today, their product range includes high efficiency cells, PV modules and energy storage systems. Furthermore, GCL offers diversified service modules such as integrated financial services and intelligent operation and maintenance management, aiming to deliver efficient, intelligent and integrated energy solutions alongside outstanding service experiences to global customers.
Under the agreement, FGL and GCL will employ various methods to achieve their objectives, including exchanging information, proposing and implementing specific actions, and periodically evaluating the effectiveness of their collaboration. Additionally, both companies commit to contributing technical expertise and proficiency to support the collaboration on identified projects.
Each entity will take essential steps to carry out proper procedures professionally and diligently to identify and procure the projects. If any projects are secured, a separate definitive agreement will be executed outlining each company’s commitments, including providing necessary assistance, relevant information and documents required by the other party. Upon execution of the MOU, both entities will utilize internal resources to source and secure potential projects, analyze tender documents, prepare business plans, and develop proposals.
“We are proud to announce our collaboration with GCL Systems Integration Technology on future Renewable Energy projects. Leveraging GCL’s strong global reputation and expertise in manufacturing and supply of solar PV modules and storage will be an integral part of this cooperation to advance our capabilities to support Malaysia and the surrounding countries’ renewable energy goals and promote a greener environment for our customers. Additionally, we anticipate significant revenue opportunities as we work to establish sustainable projects that will drive top-line growth as well as margin and income expansion which we expect will result in substantial gains in shareholder value,” said Lee Seng Chi, Chief Executive Officer of Founder Group Limited.
About Founder Group Limited
Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia. The company’s primary focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. The company’s mission is to provide customers with innovative solar installation services, promote eco-friendly resources and achieve carbon neutrality.
For more information on the Company, please visit https://www.founderenergy.com.my/.
About GCL System Integration Technology Co., Ltd.
GCL System Integration Technology Co., Ltd. strives to be the world’s leading integrator of comprehensive energy systems. The company closely follows the new stage development in the 14th Five Year Plan and new opportunities of the “Double Carbon Goals”, actively seizes the historical opportunity period, and provides customers with high-quality clean energy one-stop services following the strategic guidance of technological, digital and green GCL.
For more information on the Company, please visit https://en.gclsi.com/about_us.
Safe Harbor Statement
This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission, may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.
CONTACT INFORMATION:
For media queries, please contact:
Founder Group Limited
info@founderenergy.com.my
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com


TIN LIÊN QUAN
THỦ THUẬT HAY
Tạo mật khẩu smartphone Android tự thay đổi mỗi giờ: Đố ai mở được khóa?
Trước hết, chúng ta cần tải phần mềm có tên là Screen Lock - Time Password trên Google Play.
Cách kiểm tra Macbook của bạn đang sử dụng chuẩn Wifi 802.11 nào
Thường thì chẳng mấy người dùng Mac quan tam đến việc Macbook của họ đang sử dụng chuẩn Wifi 802.11 nào. Tuy nhiên với những người dùng “cao” hơn một chút hay các Admin hệ thống mạng muốn biết chuẩn Wifi 802.11 nào
Cách tải video Youtube trực tiếp để xem ngoại mạng trên iPhone/iPad
Trước đây, để có thể xem video ngoại mạng trên ứng dụng Youtube, bạn phải sử dụng phiên bản YouTube Premium (Phải trả phí hàng tháng). Tuy nhiên, mới đây YouTube đã thử nghiệm mở tính năng này cho người dùng phổ thông
5 cài đặt ẩn tránh bị lạm dụng thông tin cá nhân trên Facebook
Sau vụ bê bối Cambridge Analytica, đã có rất nhiều cá nhân và tổ chức lớn tự xóa tài khoản của mình khỏi mạng xã hội Facebook nhằm phản đối việc để rò rỉ dữ liệu khoảng 50 triệu người dùng. Tuy nhiên, nếu bạn vẫn muốn
Các cách tra cứu mã số thuế chi tiết, đơn giản nhất hiện nay
Bạn đang muốn tra cứu mã số thuế nhưng vẫn chưa biết cách làm thế nào? Dưới đây là cách tra cứu mã số thuế vô cùng đơn giản bạn nên tham khảo. Cách tra cứu mã số thuế cá nhân đơn giản Cách 1: Tra cứu bằng website của
ĐÁNH GIÁ NHANH
Đánh giá OnePlus 5 - Chiếc điện thoại giống tất cả
Bản Oneplus 5 này đã thay đổi về quan điểm chiếc siêu điện thoại giá rẻ đến từ Trung Quốc này, xu hướng giống các siêu phẩm đang bị lạm dụng quá đà đã làm giảm sự húng thú của khách hàng.
Đánh giá Dell XPS 15 2-in-1: Mạnh mẽ, sang trọng, pin trâu
Laptop Dell XPS 2 in 1 không hẳn là một dòng máy tính mới (về cơ bản nó chính là Dell XPS) nhưng sự linh hoạt của nó giúp ích cho người dùng rất nhiều trong quá trình sử dụng hàng ngày. Bạn có thể sử dụng tại chỗ hoặc
Đánh giá Oppo F9: Ngoài camera selfie thì còn gì nữa?
OPPO F9 là chiếc smartphone tầm trung mới nhất vừa được giới thiệu với nhiều điểm nhấn hấp dẫn. Vậy ngoài danh tiếng camera selfie thì sản phẩm...