Pekat Group Berhad

What Pekat Group Berhad does

Pekat Group Berhad is a Malaysian publicly listed engineering solutions provider (Bursa Malaysia ACE Market, ticker 0233) founded in 1999 and headquartered in Petaling Jaya, Selangor. The company operates four integrated business pillars: Solar Photovoltaic (PV) engineering, procurement, construction and commissioning (EPCC); Earthing & Lightning Protection (ELP) systems and surge protection devices; trading and distribution of branded engineering products (Furse, Hoymiles, Sungrow); and, following the August 2024 acquisition of a 60% stake in Apex Power Industry (EPE Switchgear) for RM96 million, medium-voltage power distribution equipment.

Its core technology spans proprietary solar PV systems (on-grid, off-grid, hybrid), complete earthing and lightning protection systems, surge protective devices (SPDs), and digital monitoring products including the Pnexsoft Energy Management System, Pekat ELP Monitoring System, and Stormchaser thunderstorm warning system. The company serves commercial and industrial clients, hyperscale data centre developers (AirTrunk, Gamuda), utilities (TNB), government-linked entities, residential customers (via the Solaroo D2C brand), and exports to Asia Pacific, Middle East, and European markets through EPE Switchgear channels.

Pekat monetizes through project-based EPCC revenue (Solar PV and ELP), recurring revenue from 15-year Power Purchase Agreements (PPAs) and O&M services, hardware sales of proprietary and distributed brands, and manufacturing of switchgear. FY2025 revenue exceeded RM600 million, with a record order book of RM590.9 million as of February 2025, and the company holds over 24 years of engineering experience, ISO 50001:2011 certification (first Malaysian solar PV installer recognized in the Malaysia Book of Records), and CIDB G7 grading — supporting execution of large-scale infrastructure, data centre, and utility projects.

Name

Pekat Group Berhad

Legal name

Pekat Group Berhad

Website

https://pekat.com.my

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

Malaysian listed engineering firm (Bursa ACE Market, ticker 0233) delivering solar PV EPCC, earthing & lightning protection, surge protection, and medium-voltage switchgear solutions to data centres, utilities, industrial clients, and residential customers across Malaysia and export markets.

Ownership category

akta.pro rank

Product category

Solar PV and Electrical Protection Engineering

NAICS

Solar Electric Power Generation (221114), Power, Distribution, and Specialty Transformer Manufacturing (335311), Electric Power Transmission, Control, and Distribution (22112), Electric Power Distribution (221122)

SIC

Power, Distribution & Specialty Transformers (3612), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

akta.pro secondary industries

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ), Testing, Commissioning & Energization Services (HV) (EUAEABAI), Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

Keywords

• Solar photovoltaic systems
• Earthing lightning protection
• Surge protection solutions
• Power distribution switchgear
• Renewable energy EPCC

Headquarters

HQ city

Petaling Jaya

HQ country

Malaysia

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Solar PV EPCC & Project Revenue: End-to-end engineering, procurement, construction, and commissioning (EPCC) of solar PV systems ranging from residential rooftops to utility-scale solar farms. Revenue recognized upon project execution and completion. Includes Corporate Green Power Programme (CGPP) projects, LSS solar farms, and rooftop PPA agreements.
2. Earthing & Lightning Protection (ELP) Services: Design, supply, installation, and commissioning of earthing and lightning protection systems for commercial, industrial, government, and data centre projects. Revenue is project-based.
3. Trading & Distribution of Engineering Products: Distribution and sale of branded products including Furse earthing and lightning protection equipment, Pekat-brand surge protective devices (SPDs), exothermic welding products, aviation warning lights, and solar inverters (Hoymiles microinverters, Sungrow string inverters). Products sold directly to contractors, developers, and end-users.
4. Power Distribution Equipment (EPE Switchgear): Design, fabrication, and sale of medium voltage electrical switchgears under the EPE brand, manufactured by Apex Power Industry Sdn Bhd and its subsidiary EPE Switchgear Sdn Bhd (60% owned). Products sold domestically and exported to Asia Pacific, Middle East, and Europe markets.
5. RE Asset Management & O&M Services: After-sales monitoring and maintenance services for installed solar PV systems, ensuring optimal performance and continuity of investment throughout the system's lifespan.
6. Solar Investment & PPA Revenue: Solar PV investment business through subsidiaries (MFP Solar, Sunway Pekat Solar) and 15-year Power Purchase Agreements (PPAs), generating recurring revenue from solar energy generation sold to off-takers.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Pekat Group Berhad provides engineering, procurement, construction, and commissioning (EPCC) services for solar photovoltaic (PV) systems, earthing and lightning protection (ELP) systems, and surge protection solutions across residential, commercial, industrial, data centre, and utility-scale projects. The company also manufactures and distributes power distribution equipment (EPE medium voltage switchgears) and proprietary products such as surge protective devices, exothermic welding products, and lightning monitoring systems.

Product overview

Pekat Group Berhad operates as a solar PV supplier and engineering solutions provider specializing in three core business segments: Solar Photovoltaic (PV) Solutions, Earthing & Lightning Protection (ELP), and Trading. Their Solar PV Solutions encompass On-Grid, Off-Grid, and Hybrid systems through the Solaroo residential brand. The ELP segment includes earthing termination systems, lightning protection, and surge protection solutions. The Trading segment distributes their proprietary products (Pekat branded SPDs, PWELD exothermic welding, Stormchaser warning systems, ELP monitoring systems, surge circuit breakers) as well as distributed brands (Furse earthing/lightning protection and SPDs, FurseWELD, Hoymiles microinverters, Sungrow string inverters). Recent acquisition of EPE Switchgear expands power distribution capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Solaroo: Residential solar PV system brand offering solar power systems for homes with microinverter technology, providing hassle-free installation, after-sales service, Net Energy Metering support, and free O&M and insurance cover for the first 2 years.

Products and services

• Solar Photovoltaic (PV) EPCC Solutions End-to-end engineering, procurement, construction, and commissioning (EPCC) of solar PV systems spanning on-grid, off-grid, and hybrid configurations for residential, commercial, industrial, and utility-scale projects. Includes Corporate Green Power Programme (CGPP) projects, LSS solar farms, and rooftop PPA agreements.
• Solaroo Residential Solar Systems

Quantifiable outcome

• Reduces electricity bills by up to 90% for residential customers
• +5 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Dutch Lady Milk Industries BerhadcoreStrategic or Co-development Partner · 12 May 2026Pekat Solar Sdn Bhd entered into a 15-year Power Purchase Agreement (PPA) with Dutch Lady Milk Industries Berhad to design, construct, install, own, operate, and maintain a 3.96MWp rooftop solar PV system at Dutch Lady's facility in Bandar Enstek, Negeri Sembilan. Commercial operations expected to commence Q4 2026. Project value approximately RM23.04 million over the concession period.
• Gamuda Engineering Sdn BhdcoreStrategic or Co-development Partner · 20 November 2025Pekat secured a RM33.8 million subcontract from Gamuda Engineering for a hyperscale data centre development in Eco Business Park V, Puncak Alam, Selangor. Scope includes construction, testing, commissioning, and operational setup of earthing and lightning protection systems across data halls, M&E yards, and supporting infrastructure.
• AirTrunkcoreStrategic or Co-development Partner · 21 November 2024Pekat Solar and AirTrunk entered into an agreement to develop rooftop solar at AirTrunk's Johor Bahru data centre JHB1, expanding Pekat's presence in the data centre renewable energy segment.
• Apex Power Industry Sdn Bhd (including EPE Switchgear Sdn Bhd)coreStrategic or Co-development Partner · 1 August 2024Pekat Teknologi Sdn Bhd (a wholly-owned subsidiary) acquired a 60% equity stake in Apex Power Industry Sdn Bhd for RM96 million in cash. Apex Power and its wholly-owned unit EPE Switchgear Sdn Bhd are among Malaysia's largest manufacturers of medium voltage electrical switchgears. The acquisition adds a new power distribution equipment pillar expected to contribute 25% or more of the Group's future earnings, with a profit guarantee of not less than RM48 million for FY2024 to FY2026 combined.
• Tenaga Nasional Berhad (TNB)coreStrategic or Co-development PartnerEPE Switchgear (60% owned by Pekat) secured a RM97.3 million contract from TNB for the supply of 11kV Single Busbar Circuit Breakers (SCADA-Ready Type) for TNB's distribution network, reinforcing Pekat's position in the power distribution equipment sector.

Scale indicators19 records

Recent moves8 records

Expansion highlights5 records

Others

• Hoymiles Microinverter: Hoymiles is a Chinese manufacturer of microinverters for the residential and C&I solar market. Pekat is an authorized Hoymiles distributor in Malaysia and integrates Hoymiles microinverters into its Solaroo residential solar systems.
• Sungrow Power Supply Co., Ltd. Sungrow is a leading global solar inverter manufacturer, particularly for utility-scale and C&I string inverters. Pekat is an authorized Sungrow distributor in Malaysia and integrates Sungrow inverters into its commercial and LSS solar EPCC projects.

Direct peers

• Cypark Resources Berhad: Cypark is a Malaysian renewable energy and waste-to-energy developer with utility-scale solar farm operations and engineering capabilities. Comparable to Pekat's utility-scale solar EPCC and renewable asset ownership strategy.
• Solarvest Holdings Berhad: Solarvest is a Malaysian solar PV EPCC and renewable energy company listed on Bursa Malaysia, offering residential (ATLAS), commercial, and utility-scale solar solutions plus solar asset ownership. Direct overlap with Pekat in LSS/CGPP project execution, residential D2C solar, and Malaysian market focus.
• Sunview Group Berhad: Sunview is a Malaysian solar EPCC company providing C&I and utility-scale PV solutions, including rooftop and large-scale solar farm projects. Operates in the same Malaysian LSS/CGPP/NEM framework as Pekat and competes directly for project awards.
• MN Holdings Berhad: MN Holdings is a Malaysian infrastructure utilities company providing underground cabling, substations, and renewable energy EPCC services. Comparable to Pekat's power distribution equipment and energy infrastructure project execution, particularly in TNB and hyperscale data centre projects.

Broad incumbents

• ABB Ltd: ABB is a global leader in electrification, switchgear, and power distribution products, including medium-voltage switchgear marketed and installed worldwide. Pekat's EPE Switchgear competes in similar MV switchgear applications to TNB and export markets.
• Gadang Holdings Berhad: Gadang is a Malaysian construction and property group with a renewable energy division executing solar EPCC projects. Larger and more diversified than Pekat, but overlaps in utility-scale solar farm construction and Malaysian infrastructure.
• Schneider Electric SE: Global energy management and electrical distribution company with substantial surge protection, switchgear, and power distribution portfolios. Comparable to Pekat's EPE Switchgear and surge protection product/business lines, though at vastly larger scale.

Regional players

• AME Elite Consortium Berhad: Malaysian industrial real estate developer with a renewable energy subsidiary (AME REIT) developing solar projects on industrial properties. Adjacent to Pekat's C&I rooftop solar investment model and the partnerships it has with industrial customers like Dutch Lady.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights8 records

Customer concentration

• YouTubeyoutube.com/channel/UCWjH0yZy524tOoBUtvpkEog
• Facebookfacebook.com/pekatgroup.my
• LinkedInlinkedin.com/company/pekatgroupberhad
• Instagraminstagram.com/pekatgroup

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pekat Group Berhad