Suruhanjaya Tenaga, Malaysia’s Energy Commission, awarded a total of 563 MW of solar in its second large scale solar tender, against the original planned capacity of 460 MW. These projects are expected to be commissioned by 2019-2020. The Peninsular Malaysia region saw a total of 507 MW solar capacity allocated across 30 projects, while the capacity allocated in Sabah and Labuan region totaled 56 MW in 11 projects.
Of the 507 MW awarded in the Peninsular Malaysia region, projects ranging between 10-30 MW accounted for almost 75 percent of the total capacity, followed by projects ranging between 6-10 MW with 20 percent, while smaller projects (1-6 MW) accounted for the rest. In the Sabah and Labuan region, of the 56 MW awarded, projects ranging between 6-10 MW totaled 27.7 MW, while smaller projects with capacities between 1-6 MW aggregated 28 MW.
Foreign players including Scatec Solar, Hanwha Group, BayWa r.e., also participated in the auction. As of November 2017, Malaysia had an installed renewable capacity of approximately 525 MW, with solar providing a major chunk with an installed capacity of 352 MW.
Raj Prabhu is a recognized thought leader in clean energy markets where his work has influenced policies worldwide. He has a deep understanding of regulatory policy and clean energy markets and his market and opinion pieces are regularly published on both MercomIndia.com and other leading publications globally. Raj is also a regular speaker and presenter on clean energy policy and finance topics at conferences worldwide. Raj attended the KLE College of Science in Bangalore, India for physics and chemistry, and holds a Bachelor of Science Degree in Hotel and Institutional Management from Johnson and Wales University, Rhode Island. More articles from Raj Prabhu.