Malaysia shortlists 491 MW of projects in 3rd solar tender

Author: EBRD / All rights reserved.

January 8 (Renewables Now) - Five projects totalling almost 500 MW have been successful in Malaysia’s third large-scale solar tender, the Malaysian energy commission Suruhanjaya Tenaga (ST) announced.

The regulator has shortlisted five consortia that are ready to develop photovoltaic (PV) projects of up to 100 MW. The total volume of the awarded capacity is 490.88 MW, official documents show.

Financial details about the winning bids were not disclosed. ST said the selection was based on the most competitive offered prices.

The following table gives more details about the selected proposals.

Developer Project capacity (MW) Location
ib vogt GmbH and Coara Solar Sdn Bhd 100 Marang, Terengganu 
Cypark Resources Berhad and Impian Bumiria Sdn Bhd 100 Marang, Terengganu 
JKH Renewables Sdn Bhd and Solarpack Asia Sdn Bhd 90.88 Kuala Muda, Kedah 
ENGIE Energie Services SA and TTL Energy Sdn Bhd 100 Kerian, Perak
Konsortium Beseri Jaya Sdn Bhd and Hanwha Energy Corp Singapore Pte Ltd 100 Pekan, Pahang

All of the projects selected through the competitive bidding process under Malaysia’s Large Scale Solar (LSS) programme will be installed in Peninsular Malaysia and are scheduled for completion in 2021. The third round of the scheme was initiated last February and was massively oversubscribed, luring 6.7 GW of proposals. Bids in the tender round came as low as MYR 0.178 (USD 0.0434/EUR 0.0389) per kWh, according to local media.

The LSS mechanism was introduced by the Malaysian government in 2016 to replace feed-in tariffs (FiTs). The awarded capacity in the first two tender rounds was 450 MW and 536 MW, respectively.

(MYR 1.0 = USD 0.244/EUR 0.218)

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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