Renewable energy provider Samaiden Group Bhd (SHB) has sealed a deal with Chudenko Corporation to explore opportunities in renewable energy in Malaysia and overseas markets.
As per the company statement, it includes both joint investment and venture in renewable energy projects, including rooftop solar energy projects for Japanese customers.
Besides, the duo will also collaborate "in the introduction of technology in operations and maintenance (O&M) of RE projects as well as other technologies."
According to Samaiden Group Bhd group managing director Ir Chow Pui Hee, the partnership "allows the company to leverage each party's strengths to accelerate growth in the RE sector while tapping on Chudenko's broad business network."
Chudenko is one of the leading engineering companies in Japan.
According to Chudenko managing executive officer Takakazu Higashioka, "Our collaboration with Samaiden also allows us to penetrate Malaysia further and potentially the ASEAN region to capitalise on the rapid growth in RE adoption."
The company has a vast domestic reach in Japan with subsidiaries in Malaysia and Singapore.