KUALA LUMPUR (Oct 17): Mestron Holdings Bhd (KL:MESTRON) said its wholly owned subsidiary, Mestron Energy Sdn Bhd (MEnergy), has signed a memorandum of understanding (MOU) with China-based Trina Solar Co Ltd to explore a collaboration in Malaysia’s renewable energy sector.

Under the MOU signed last week in Changzhou, China, MEnergy will look into installing photovoltaic (PV) modules supplied by Trina Solar's subsidiary, Trina Solar Energy Development Pte Ltd, targeting the distribution of 50 megawatts of solar capacity in the Malaysian market in 2026.

The partnership marks the beginning of a potential long-term relationship between the two groups, aimed at expanding Malaysia’s clean energy infrastructure, said Mestron in a filing with Bursa Malaysia on Friday.

Trina Solar is a leading solar technology and energy storage solutions player. Since its founding in 1997, the group has shipped over 292 gigawatts of solar modules worldwide as of March 2025.

Mestron said the collaboration aligns with the National Energy Transition Roadmap and Malaysia’s goal of achieving net-zero carbon emissions by 2050.

“This partnership marks another important step in Mestron’s renewable energy journey,” said managing director Por Teong Eng. “Collaborating with Trina Solar allows us to combine world-class solar technology with our local project expertise to deliver efficient, sustainable, and cost-effective energy solutions.”

Mestron, known for its manufacturing of steel poles for lighting, telecommunications and traffic infrastructure, has been diversifying into renewable energy segments including solar, biogas, hydro, and energy efficiency projects.

Shares in Mestron were up one sen or 5.1% at 20.5 sen on Friday’s close, valuing the group at RM205.16 million. Year to date, the stock has declined 28%.