July 15 (Renewables Now) - Oslo-based Scatec Solar ASA (OSL:SSO) said today it has hooked to the grid, together with its partners, the 66-MW Merchang solar photovoltaic (PV) park in Malaysia.
This is the Norwegian company’s third solar farm in Malaysia, which has expanded its operational PV portfolio in the country to 197 MW. The facility, with a given capacity in Direct Current (DC), is also Scatec Solar’s first large-scale PV asset in South East Asia.
Scatec Solar teamed up in December 2016 with a consortium led by Malaysian engineering company Itramas Corp Sdn Bhd, to build three PV parks, in Merchang, Jasin and Gurun, totalling 197 MW. The combined investment in these projects is estimated at about MYR 1.235 billion (USD 299m/EUR 265m).
The Merchang plant started to bring revenues at the end of May and is expected to generate around 94,000 MWh of electricity annually. Its output is estimated to meet the demand of over 31,000 local homes and help save about 70,000 tonnes of carbon dioxide (CO2) emissions annually. It will operate under a power purchase agreement (PPA) with national utility Tenaga Nasional Berhad (TNB).
Overall, the Norwegian company currently has 911 MW of plants in operation and a further 993 MW under construction.
(MYR 1.0 = USD 0.243/EUR 0.216)