KLSE (MYR): SLVEST (0215)
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Last Price
1.67
Today's Change
+0.03 (1.83%)
Day's Change
1.63 - 1.67
Trading Volume
1,721,300
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL SERVICES INDUSTRIAL SERVICES
Index Group: INDUSTRIAL PRODUCTS & SERVICES INDUSTRIAL PRODUCTS & SERVICES
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
Solarvest Holdings Berhad operates as a holding company. The Company, through its subsidiaries, provides engineering, procurement, construction, commissioning, management, and operation and maintenance services for solar projects. Solarvest Holdings serves customers in Malaysia.
collected some SUNVIEW too
why?
SUNVIEW CFO had bought 474,000 shares on 30/4/24
expect interesting QR and news soon
😎
2024-05-09 14:26
PETALING JAYA (Thursday, 09 May 2024):
Packaging manufacturer and property developer Scientex Bhd. will tie-up with Solarvest Holdings Bhd to deploy a 21megawatt peak rooftop solar photovoltaic (PV) system at its facilities nationwide. The solar PV systems will be deployed across 10 key manufacturing plants nationwide and at its headquarters.
2024-05-09 19:53
Solar Roof Tiles r d future of Eco Homes n friendly to home budget. Solar Roof Tiles r new invention that can help in saving energy n lowering d electricity bill.
2024-05-12 10:45
The forthcoming Corporate Green Power Programme (CGPP) contract awards are expected to create RM1.4 billion to RM1.6 billion in engineering, procurement, construction and commissioning (EPCC) job opportunities. Good catalyst for RE companies
https://www.nst.com.my/business/corporate/2024/06/1062952/cgpp-create-rm16bil-epcc-contracts-affin-hwang
2024-06-13 13:49
PETALING JAYA (Tuesday, 18 Jun 2024):
Malaysia to aggressively ramp up the capacity for renewable energy particularly solar. UOB Kay Hian (UOBKH) Research, in a report initiating coverage on the RE sector expects a total value of RM5.6bil to RM7bil in engineering, procurement, construction and commissioning (EPCC) contracts to be rolled out. Multiple solar projects with a total capacity allocation of 2,800MW will be awarded through the CGPP and LSS5 schemes in the coming one to two years. This would propel the earnings growth trajectory of solar companies that secured the projects. It's noted that Solarvest Holdings Bhd targeted to grow its recurring income assets to 30% of revenue in the coming years.
2024-06-20 08:26
Apex Securities starts coverage on Solarvest, target price RM1.95
https://theedgemalaysia.com/node/716057
2024-06-21 16:47
Rumors say Kinergy Advancement (KAB) is venturing into solar power, floating solar, battery storage, waste heat recovery, and waste-to-energy projects and is making a major expansion in Kedah ! Can look into it
2024-06-24 13:27
Solarvest partners GreenRock Energy to further RE goals
https://www.thestar.com.my/business/business-news/2024/06/24/solarvest-partners-greenrock-energy-to-further-re-goals
2024-06-25 09:43
Solarvest’s RM242m outstanding orderbook as at end-FY24 provides earnings visibility into FY25E
https://www.businesstoday.com.my/2024/07/04/solarvest-shines-on-outstanding-orderbook/
2024-07-04 15:20
Mapping the future of solar capacity in Southeast Asia
https://www.eco-business.com/news/mapping-the-future-of-solar-capacity-in-southeast-asia/
2024-07-22 16:22
An eye opener that solar business is not that good in Malaysia and SLvest & Samaiden could be the same fate when corporate results are announced
2024-07-25 06:40
Apex Securities starts coverage on Solarvest, target price RM1.95
By Surin Murugiah / theedgemalaysia.com
20 Jun 2024, 09:28 am
...'Apex said its bullish stance stems from several key factors: (i) direct proxy to Malaysia’s renewable energy (RE) target under the National Energy Transition Roadmap, (ii) Solarvest's solid track record, having completed 1.2GW of projects, which is the highest among peers, (iii) Solarvest's efforts in building a solar empire to generate diversified revenue streams, (iv) uniqueness of Solarvest's in-house solar financing programme Powervest, which fosters the adoption of solar photovoltaics in the commercial and industrial solar sectors, (v) consistent capture of an average 20% market share of engineering, procurement, construction and commissioning jobs from LSS 1, 2 and 4, (vi) Solarvest's robust tender book, currently standing at 6.1GW (Malaysia 4.0GW and Overseas 2.0GW) and (vii) normalising of solar module prices.'
2024-07-26 08:11
Analysts sanguine on Corporate Renewable Energy Supply Scheme, see RE sector as prime beneficiary
https://theedgemalaysia.com/node/720715
2024-07-29 19:34
LSS5 incoming next month...RM2 easily, will it be higher? If it's going for another bonus issue?
2024-07-31 12:10
Solarvest secures five CGPAs under CGPP totalling 59.98 MWac
https://www.thestar.com.my/business/business-news/2024/08/09/solarvest-secures-five-cgpas-under-cgpp-totalling-5998-mwac
2 months ago
Solarvest, Agmo to form joint venture to develop digital products
https://theedgemalaysia.com/node/723497
2 months ago
Is solarvest bussines going to be interrupted?
I dont think so. Since their main bussines is EPCC, and electric generating ,not manufacturing and importing the PV panels.
As long as the bussines proggres along with the plan, vision and contract,, slvest shud be okay
2 months ago
Quarterly result had been a disappointment for 4 straight quarters including the current quarter today.
2 months ago
KUALA LUMPUR: Solarvest Holdings Bhd is anticipating a satisfactory earnings year in the making amid an optimistic outlook on the renewal energy industry in Malaysia.
The clean energy expert said it will progressively recognise its unbilled order book, which stood at RM469mil as at end-July 2024, in the financial years ending March 31, 2025, and 2026.
It added that it is looking forward to capitalising on the "imminent awards" of engineering, procurement, construction and commissioning (EPCC) contracts for corporate green power programme (CGPP) projects.
"Looking beyond CGPP, the two gigawatts fifth large scale solar (LSS5) quota, coupled with the additional 800 megawatts quota allocations under NEM 3.0 and NEDA, presents further avenues to expand the group’s project pipeline.
"Under the Powervest programme, the group has secured a cumulative capacity of 100 MWp from multiple corporate power purchase agreements, which is expected to contribute RM42.7mil annual recurrent revenue to the group upon full completion within the next 12 to 18 months," it said in comments accompanying its results filing with Bursa Malaysia.
In the first quarter of its financial year, Solarvest posted a net profit of RM7.84mil, up from RM6.7mil in the year-ago quarter, which translates to an earnings per share of 1.15 sen against one sen previously.
The group reported revenue of RM72.65mil in 1QFY25 against RM143.39mil in 1QFY24.
2 months ago
EC to announce winning bids for LSS5 in November, says CEO
KUALA LUMPUR: The Energy Commission (EC) will announce the winning bids for the Fifth Large Scale Solar (LSS5) programme in November, says its chief executive officer Datuk Razib Dawood.
“The announcement will be in November. I can’t disclose the details. Just wait,” he told Bernama on the sidelines of Enlit Asia 2024 here yesterday.
In April this year, the Energy Transition and Water Transformation Ministry, through the EC, announced the offer of a solar quota of 2,000 megawatts (MW) through a competitive bidding process under the next phase of the Large Scale Solar (LSS) programme.
The bidding process was for LSS5 or LSS-Energy Transition SuRiA.
LSS5 targets a total capacity of 2,000MWac.
Moreover, the solar power plants under the programme are scheduled to start operating in 2026. –– Bernama
Earlier in a plenary session, Razib said Malaysia would soon reach a solar photovoltaic capacity of 7,000 MW. Bernama
StarPicks
3 weeks ago
Silicon Metal: The Backbone of Modern Technology and Sustainability
Chemical And Material | 28th October 2024
Silicon Metal: The Backbone of Modern Technology and Sustainability
Introduction: Top Silicon Metal Trends
Silicon metal, a critical industrial material, serves as a fundamental building block in a variety of applications, ranging from electronics to solar energy. Comprising more than 25% of the Earth’s crust, silicon is a versatile element that, when refined, becomes a key player in the production of semiconductors, alloys, and renewable energy technologies. With the growing demand for electronic devices and the shift towards sustainable energy sources, the Silicon Metal Market is witnessing significant transformations. We examine the most recent developments that are influencing the sector and spurring innovation here.
1. Surge in Demand for Renewable Energy Solutions
The global push for renewable energy sources has significantly boosted the demand for silicon metal, particularly in solar photovoltaic (PV) cells. Silicon is the primary material used in solar panels, and with governments and corporations investing heavily in clean energy initiatives, the market for silicon metal is set to expand. This trend is reinforced by the increasing adoption of solar energy to combat climate change and reduce carbon footprints.
2. Advancements in Semiconductor Technologies
The semiconductor industry relies on silicon metal and is growing rapidly due to the growth of artificial intelligence (AI), the Internet of Things (IoT), and 5G technology. Innovations in semiconductor design and manufacturing processes are driving the demand for high-quality silicon wafers. As electronic devices become more powerful and compact, the need for advanced silicon materials that can withstand higher temperatures and offer improved performance is paramount.
3. Rise of Sustainable Production Practices
As sustainability becomes a core focus for industries worldwide, the silicon metal sector is not lagging. Manufacturers are increasingly adopting eco-friendly practices in the extraction and production of silicon. This includes using renewable energy sources in smelting processes and developing methods to recycle silicon from end-of-life products. The goal is to reduce the carbon footprint associated with silicon production and align with global sustainability targets.
4. Growing Applications in Electric Vehicles (EVs)
The rise of electric vehicles is creating a new market for silicon metal. As EV manufacturers seek to improve battery efficiency and performance, silicon is emerging as a key material in battery technology. In contrast to conventional graphite anodes, silicon-based anodes are renowned for having a high energy density and capacity. This trend is leading to increased collaboration between silicon metal producers and battery manufacturers to develop innovative solutions that enhance the performance of EV batteries.
5. Expanding Use in Construction and Infrastructure
Silicon metal is becoming increasingly important in construction, enhancing the properties of materials like concrete and steel. Silica fume, a byproduct of silicon metal, boosts concrete's durability and strength, making it ideal for infrastructure projects. With rising urbanization and demand for sustainable materials, silicon metal's role in creating resilient, energy-efficient structures is set to grow.
Conclusion
Silicon metal stands at the forefront of several key trends that are shaping the future of technology, energy, and sustainability. From its vital role in renewable energy solutions and semiconductor technologies to its expanding applications in electric vehicles and construction, silicon metal is proving to be an essential material for modern society. As industries adapt to the demands of a changing world, the silicon metal market will continue to evolve, driving innovations that promote efficiency, sustainability, and performance. With the increasing focus on green practices and advanced technologies, the future of silicon metal looks promising, positioning it as a critical resource for the advancements of tomorrow.
5 days ago
Solarvest sets sights on more overseas expansion
https://theedgemalaysia.com/node/731064
4 days ago
Solarvest expanded its business to Indonesia, Vietnam and the Philippines in 2022. In 2023, the group secured several projects overseas, including 11 projects totalling 12.8mw in Vietnam. It has already completed its first 1mw ground-mounted project in the Philippines.
The group is also expanding its expertise into wind energy, mini-hydro and biogas, as well as a battery storage system to address the intermittency of RE sources.
4 days ago
TiffanixLVxHermes
we are in EPCC business
we are not producing panel
so cheaper material is a good sign
similar to construction business
2024-04-30 16:01