Solvarvest and AGMO form joint venture to lead digital revolution in clean energy sector 

  • to contain Powerbee natural EV charging ecosystem and Vestech EcoHomes solutions andamp;
  • Will develop online applications that improve the performance, scalability of fresh energy solutions

Davis Chong Chun Shiong, executive director and group CEO of Solarvest Holdings Berhad; Hj. Mad Zaidi bin Mohd Karli, secretary general, Ministry of Energy Transition and Water Transformation, Malaysia; Fadillah Yusof, deputy prime minister, Minister of Energy Transition and Water Transformation, Malaysia; Ahmad Zairin Ismail, chairman of Sustainable Energy Development Authority (SEDA) Malaysia; Tan Aik Keong, non-independent executive director & CEO of Agmo Holdings Berhad at the joint venture signing ceremony between Solarvest and Agmo.

A proper joint venture between Solarvest Holdings Berhad and Agmo Holdings Berhad has been announced that aims to transform Malaysia’s clean energy industry through advanced online options. The partnership was unveiled during the 6th International Sustainable Energy Summit ( ISES ) 2024, with the Deputy Prime Minister, Haji Fadillah Bin Haji Yusof, in attendance.

Solarvest Energy Sdn. may be a part of this engagement. Bhd. ( a subsidiary of Solarvest ) and Agmo Capital Sdn. Bhd. Working together to create online applications that increase the effectiveness and scaleability of clean energy solutions. The initial focus will be on improving Solarvest’s existing offerings, including its Vestech EcoHomes solutions and the Powerbee green Electric Vehicle ( EV ) charging ecosystem.

Solarvest’s executive director and team CEO, Davis Chong Chun Shiong, emphasized that this relationship advances significantly their effort to create innovative products for the clean power sector. ” Our engagement with Agmo represents a major step forward in our pursuit of fostering development and conservation in the clean energy sector. The modern app we are creating will revolutionize how we scale and manage clean energy solutions by providing users with a smooth, integrated experience. This agreement demonstrates our commitment to advancing solar energy and demonstrates our strategic approach to meeting the needs of the sector. We are working together to improve the scaleability and effects of green power solutions, he said.

Agmo’s CEO, Tan Aik Keong, expressed joy for the engagement, highlighting the potential for their technical competence to improve clean energy accessibility. ” We are excited to begin this partnership with Solarvest, utilizing our technological prowess to advance the clean energy trend. This cutting-edge action in the clean energy industry demonstrates our determination to driving innovation in the sector. By combining Solarvest’s considerable experience in clean power with our innovative digital solutions, this program is poised to be a game-changer, offering a comprehensive program that makes clear energy more accessible and reasonable for both businesses and consumers, effectively supporting Malaysia’s sustainability goals” he added.

This program is anticipated to contribute significantly to meeting Malaysia’s sustainability goals by providing a smooth, integrated approach to tidy energy services as the sector continues to evolve. The JV’s announcement came at the recently concluded 6th International Sustainable Energy Summit ( ISES ) 2024, a crucial forum for dialogue and innovation on sustainable energy. The summit’s theme of” Accelerating Energy Transition Through Innovation,” which was hosted by the Ministry of Energy Transition and Water Transformation ( PETRA ), was organized by Malaysia’s Sustainable Energy Development Authority ( SEDA ) and was a result of Malaysia’s commitment to leading the ASEAN region in the global energy transition through innovative technologies and approaches.