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Treasure Global Says Tadaa Technology Unit Expanding Into Renewable Energy

Treasure Global Says Tadaa Technology Unit Expanding Into Renewable Energy

MT newswireMT newswire2026/09/22 15:26
11:26 AM EDT, 09/22/2026 (MT Newswires) -- Treasure Global (TGL) said Tuesday its Tadaa Technology unit has formed a partnership with Malaysia-based Kainan to provide AI-enabled technology services for a planned $367 million solar farm project. The proposed 360-megawatt solar farm is expected to provide energy to a data center under a 25-year power supply arrangement, the company said. Tadaa expects about $7.3 million in annual technology-related revenue from the project upon full deployment, Treasure Global said. Shares of Treasure Global were down more than 16% in Tuesday trading. Price: 2.48, Change: -0.48, Percent Change: -16.22
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