Cypark inks MoU with Huawei Malaysia for long-term cooperation on renewable energy projects

07 Dec 2021

Cypark Resources Bhd inked a Memorandum of Understanding (MoU) with Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) on Dec 3 for long-term cooperation on a total of 500MW renewable energy (RE) projects in and outside of Malaysia on an exclusive basis.

Cypark said under the deal, Huawei would act as the technology enabler and would provide the technical and after-sales support for all products and solutions.

“Cypark would be the user and installer of the said products and solutions,” it said in a stock exchange filing on Tuesday.

The environmental engineering solutions provider said the MoU would be effective for two years from Dec 3, 2021, and would not have any financial impact on the company.

Source: Bernama