May 13 (Renewables Now) - Oslo-based Scatec Solar ASA (OSL:SSO) said today it has hooked to the grid the 65-MW DC Jasin solar power plant in Malaysia.
This facility brings Scatec Solar’s total operational capacity in the country up to 130 MW across two sites and the company has a third 65-MW solar park under completion. Each of the three plants has a 21-year power purchase agreement (PPA) with the country's largest electricity utility, Tenaga Nasional Berhad (TNB).
Scatec Solar teamed up in December 2016 with a consortium led by Malaysian engineering company Itramas Corp Sdn Bhd, to build the three solar parks in Merchang, Jasin and Gurun. The total investment in these projects is estimated at about MYR 1.235 billion (USD 296m/EUR 264m).
“South East Asia continues to be a key market for us, and we expect that the Government of Malaysia will maintain high ambitions for the deployment of renewable energy in the country,” commented Raymond Carlsen, CEO of Scatec Solar.
Overall, the Norwegian company currently has 714 MW of plants in operation and a further 941 MW under construction.
(MYR 10 = USD 0.240/EUR 0.214)