Homegrown digital solutions and application development company Agmo Holdings Berhad (Agmo) and Malaysian clean energy solutions provider Solarvest Holdings Berhad announced a strategic joint venture to co-develop digital clean energy applications for the advancement of the clean energy sector.
In a statement, the two claimed that they anticipated that this relationship would bring about a significant digital change in Malaysia’s clean energy industry by offering all-inclusive digital solutions that will benefit clean energy suppliers as well as consumers.
The joint venture will combine Agmo’s technological know-how with Solarvest’s proven project track record, having been formed by Solarvest Energy Sdn. Bhd., a wholly-owned subsidiary of Solarvest, and Agmo Capital Sdn. Bhd., a wholly-owned subsidiary of Agmo.
The goal of this joint venture is to create digital solutions that will automate and streamline the lifetime of sustainable energy projects.
The improvement of Solarvest’s current products, which include Vestech EcoHomes solutions, Powerbee green electric vehicle (EV) charging ecosystem, and Renewable Energy Certification management, will be the first step in the development process.
In order to address the increased demand for clean energy, Solarvest intends to optimize its clean energy offers and project management procedures by turning these solutions into digital applications.
Before launching these cutting-edge solutions on a larger scale, Solarvest will also conduct a pilot program to confirm their efficacy.
Once these applications are successfully launched, they will raise awareness of renewable energy projects and products, which will help the larger community.
It is observed that the quickly changing clean energy market need a hassle-free solution that streamlines corporate processes and combines clean energy offerings. With the support of this invention, Malaysia will be able to reach its targets for renewable energy and expand its corporate operations through automated and digitalized processes.
According to the statement, this collaborative venture further demonstrates both sides’ dedication to promoting growth and advancing innovation via empowerment.
“Our collaboration with Agmo marks a significant leap forward in our mission to drive innovation and sustainability in the clean energy sector, The digital app we are developing will revolutionize how we manage and scale clean energy solutions, offering a seamless, integrated experience for users,” said Davis Chong Chun Shiong, Executive Director and Group Chief Executive Officer of Solarvest Holdings Berhad. According to him, this partnership highlights their commitment to advancing renewable energy and showcases their proactive approach to meeting the industry’s evolving needs. Together, we are leading a digital transformation that will enhance the scalability and global impact of sustainable energy solutions,” he added.
Expert in renewable energy, Solarvest has operations in seven countries throughout Asia-Pacific. The company was established in Malaysia and initially offered comprehensive solar photovoltaic system solutions for utility-scale solar farms, as well as residential, commercial, and industrial applications.
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Over 1,200 megawatts of renewable energy have been added to Solarvest’s portfolio as of right now (both completed and ongoing). The organization is currently exploring several clean energy solutions, such as energy efficiency, low-carbon mobility, hydrogen, data centers, battery storage, and renewable energy certificates.
Independent Executive Director and Chief Executive Officer of Agmo Holdings Berhad, said they are excited to embark on this collaboration with Solarvest, leveraging their technological expertise to propel the clean energy revolution forward. This innovative initiative in the clean energy sector demonstrates our commitment to leading industry innovation, By combining Solarvest’s extensive expertise in clean energy with our advanced digital solutions, this application is poised to be a game-changer, offering a comprehensive platform that makes clean energy more accessible and manageable for both businesses and consumers, effectively supporting Malaysia’s sustainability goals,” he added.
The company Agmo Holdings Berhad was established in 2017. Since 2012, the company and its subsidiaries have focused mostly on creating custom digital solutions and offering platform-based digital services to help its clients digitalize their business operations.
Clients in a range of industries, including healthcare, banking services, oil and gas, logistics, automotive, and government, use the apps that Agmo develops.
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The company offers digital platform-based services to clients, including blockchain-based e-polling, virtual interactions between healthcare professionals and customers, e-commerce-related transactions, and the Agmo EV SuperApp, a hub designed to meet the needs of electric vehicle users. The company has developed over 100 digital solutions in response to current market trends and demands.
About Solarvest
Solarvest, a renewable energy expert, operates in 7 Asian nations. The Malaysian company began as a one-stop shop for residential, commercial, industrial, and utility-scale solar farms.
About Agmo
Agmo Studio is a renowned Malaysian mobile/blockchain app developer with over 200 software team members in Empire City Damansara.
