PETALING JAYA, 26 November 2025 — Renewable energy (RE) specialist Sunview Group Berhad has entered into a new strategic collaboration with Nuenergy Holdings Berhad (“NHB”) to advance the development of solar residential projects in Malaysia, marking another step forward in supporting the country’s clean energy transition.
The collaboration is undertaken through a share subscription agreement involving Sunview’s indirect subsidiary SunMate Energy Sdn Bhd (“SunMate”). Under the agreement, SunMate will enlarge its share capital to 1.0 million shares, after which Sunview Ventures Sdn Bhd (“Sunview Ventures”) will subscribe to 599,900 new SunMate shares, while NHB will subscribe to 400,000 new shares for RM400,000.
Upon completion, Sunview Ventures will hold 60% equity interest in SunMate, with NHB owning the remaining 40%. SunMate, currently with a paid-up capital of RM100 and fully owned by Sunview Ventures, will undergo this restructuring to facilitate the collaboration.
Both SunMate and NHB specialise in RE solutions, particularly solar technologies tailored for the Malaysian market.
CEO: “Rooftop solar demand is rising rapidly”
Sunview Group Executive Director and Group Chief Executive Officer HP Ong said the partnership reflects a shared ambition to capture emerging opportunities in the growing residential solar market.
“The momentum in Malaysia’s RE sector continues to accelerate, especially in the solar residential market, where demand for reliable and sustainable rooftop solutions is rising rapidly.”
He added that combining complementary strengths will improve market accessibility and support the Group’s broader sustainability agenda.
“This collaboration reflects a shared strategic vision to strengthen both organisations’ presence in the residential solar market and to support Malaysia’s broader clean energy transition. By combining our expertise and streamlining our approach, we aim to make rooftop solar solutions more accessible and appealing to homeowners while enhancing service quality and operational efficiency.”
Ong said the collaboration aligns with Sunview’s long-term direction in enabling Malaysia’s transition to cleaner energy sources.
“We believe this strategic alignment will drive sustainable growth for the business and contribute positively to Malaysia’s clean energy future.”
