G Capital Partners China S Tongyuan To Drive Wind Power Development In Malaysia

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G CAPITAL Bhd which has in recent times transitioned into a renewable energy (RE) player has entered into a strategic partnership agreement with Fujian Tongyuan Green Energy Technology Co Ltd to collaborate on wind power and other RE solutions in Malaysia.
Under the agreement, both parties will jointly explore opportunities in wind energy development, energy storage, electric vehicle (EV) charging infrastructure and RE training.
G Capital will lead on project origination, local permitting and government coordination while Tongyuan will contribute its technological expertise, design capabilities and supply of advanced distributed wind-power equipment and system solutions.

As it is, Malaysia has been actively advancing green-energy and island-electrification initiatives under its broader sustainability agenda.
Tenaga Nasional Bhd (TNB), for instance, has outlined its Pulau Tenaga Hijau (Smart Green Island) programme – an effort to transform selected islands such as Pulau Redang, Pulau Perhentian and Pulau Tioman into cleaner, more energy-efficient ecosystems powered by renewable and low-carbon technologies.
These on-going developments reflect Malaysia’s commitment to diversifying energy sources, reducing diesel dependence and achieving carbon neutrality by 2040.
The introduction of distributed wind turbines such as Tongyuan’s small vertical-axis systems can complement solar PV and energy storage on these islands, thus enabling a higher RE penetration level in hybrid systems.
This effort is consistent with Budget 2026 which allocates RM3 bil to expand RE infrastructure, upgrade grids and encourage private-sector participation in green investments.
“This partnership with Tongyuan reflects our ambition to support Malaysia’s energy transition beyond the mainland,” commented G Capital’s executive chairman Gen (Retired) Tan Sri Affendi Buang.
“Island electrification is one of the most challenging frontiers in renewable deployment but combining Tongyuan’s advanced distributed wind systems with G Captal’s development expertise can deliver immediate, practical impact.”
G Capital Bhd’s executive chairman Gen (Retired) Tan Sri Affendi BuangAdded Affendi: “This collaboration complements the Pulau Tenaga Hijau initiative and demonstrates how public-private partnerships and cross-border technology transfer can accelerate Malaysia’s net-zero journey.”
Ranging from 1kW to 50kW, Tongyuan’s distributed wind systems have already been deployed across China, Europe and Southeast Asia, including over 700 installations in Denmark.
The company’s IEC (International Electrotechnical Commission)-certified technology integrates seamlessly into hybrid microgrids, thus enabling 24-hour clean energy supply even under low wind conditions.
All in all, the agreement marks G Capital’s maiden entry into wind energy which complements the group’s existing solar and hydropower portfolio.
It further strengthens G Capital’s role as a multi-source RE developer which mission aligned with Malaysia’s National Energy Transition Roadmap (NETR) and the government’s goal of achieving 70% RE capacity by 2050.
At the close of today’s (Nov 10) market trading, G Capital was down 0.5 sen or 2.22% ton 22 sen with 8,700 shares traded, thus valuing the company at RM72 mil. –  Focus Malaysia

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