Nasdaq Analysis | HASH Invests

Big Steps in Solar Power Solutions by This Listed Company!

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Publish date: Wed, 04 Sep 2024, 09:59 PM
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Agape ATP Corporation, better known as ATPC, is making waves in the renewable energy space through a new partnership with Phoenix Green Energy. This collaboration is all about bringing more solar power solutions to Malaysia, helping the country move closer to a greener future.

ATPC's subsidiary, ATPC Green Energy, and Phoenix Green Energy are teaming up to develop and commercialise a range of solar products. These include high-tech thin-film solar panels, which are designed to be more efficient and versatile. The goal? To support various energy needs, especially in generating electricity, which is crucial for reducing Malaysia’s carbon footprint.

Prof Datuk Seri Dr How Kok Choong, the big boss at ATPC, sees this partnership as a game-changer. He believes that by working with Phoenix Green, they’re not just advancing solar technology but also boosting their environmental and social responsibility goals. In simpler terms, they’re not just making money—they’re also making the world a better place.

The partnership is set to deliver solar products that are not only innovative but also meet the growing demand for renewable energy in Malaysia and the ASEAN region. Phoenix Green brings their technical know-how in solar power systems, while ATPC Green Energy brings their experience in energy-saving solutions. Together, they’re looking to make a real impact.

Together with a recent corporate exercise ATPC has completed, we can see that the share price increased significantly with very high traded volume. This could be a signal that investors are all now looking into holding ATPC for the longer term.

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