Malaysia launched 500 mw solar tenders

Solar photovoltaic webex: Malaysia announced it would start on the peninsular Malaysia 500 megawatts of solar energy project bidding. This is known as the Large Scale Solar ( LSS) 3 of the bidding action belongs to the country's third round large photovoltaic procurement plan.

Malaysia energy science and technology and department of environment and climate change said in a statement, the project by the scale between 1 - Between a series of 100 mw solar park, is expected to raise MYR20 billion ( The Malaysian ringgit, about 4. $900 million) The investment.

the department minister Yeo Bee Yin said at the press conference, the bidding will be completed before the end of the action, and the bidding deadline is the end of August. All developers must be selected to use the local labor for engineering, construction and commissioning services.

the Malaysian government introduced since 2016 LSS bidding scheme, replaced before a feed-in tariff scheme. In 2016 the first round of bidding, the distribution in peninsular Malaysia in the 200 mw capacity, in sabah ( Sabah) Given a 50 mw capacity. In 2017, in the second round of bidding assigned to 360 megawatts, peninsular Malaysia sabah/min ( Labuan) Assigned to 100 megawatts.

received 1 second LSS auction. Between the 6 gw capacity of project proposal, bid price per KWH MYR0. 33 - 0. 53.

by the end of 2017, the installed capacity of about 350 megawatts of Malaysia. The country has net metering scheme was introduced in 2016, the scheme plan and imported 500 mw rooftop solar next year. Malaysia's goal is renewable energy accounted for 50% in 2050.

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