Another 30 MW awarded in Malaysian solar auction
A Cypark Resources Berhad (CRB) subsidiary has been awarded a 30 MW PV project in Malaysia’s latest solar auction. The country is expected to install 197 MW this year.
Tenaga wins contract to build 30 MW Malaysian solar farm
The large-scale PV project will be built in Malaysia’s Kedah state in the northwest of the country. Tenaga Nasional Berhad was awarded the development rights following a competitive bidding process overseen by the Energy Commission.
MBSB to finance 50 MW in Malaysia
Malaysia Building Society Berhad (MBSB) has agreed to provide up to 247 million ringgit (US$60.4 million) of Islamic financing to Solar Management (Seremban) Sdn Bhd to back the development of a 50 MW solar project in Peninsular Malaysia.
ET Energy to build 61 MWp solar project in Malaysia
With over 220,000 solar modules installed on 110 hectares of land, the project is expected to be switched on by the end of 2018.
Mudajaya to finance 49 MW in Malaysia with Islamic bonds
Mudajaya, a Malaysian engineering and construction group, aims to raise up to 245 million ringgit ($58.7 million) by issuing sukuk Islamic bonds. It will use the proceeds to finance the construction of 49 MW of solar capacity in northern Peninsular Malaysia.
Comtec, Sunway to collaborate on PV storage applications
A unit of Comtec Solar Systems has agreed to collaborate with a subsidiary of Malaysian construction group Sunway on the development of large-scale solar battery systems.
GPTech to supply 197 MW inverters to PV projects in Malaysia
The Spanish inverter specialist is to supply solar farms being built in Malaysia by Norway’s Scatec Solar, which in turn is working with local ITRAMAS-led consortium on three 21-year PPAs with the country’s largest electricity utility, Tenaga Nasional Berhad (TNB).
SunPower: Any trade action should apply to everyone but us
The high-efficiency solar maker asks for Section 201 action to include First Solar’s thin film products, but to exclude its back contact crystalline silicon solar as a unique product.
Scatec Solar closes financing on 197 MW in Malaysia
Norway’s Scatec Solar has wrapped up financing for three solar arrays it is developing in Peninsular Malaysia, by issuing a 1,000 million ringgit ($237 million) green Islamic bond. Construction has already started on the projects, which will be finished in the next few months.
Malaysia emerging as key PV investment target — BMI
The enthusiastic response earlier this month to Malaysia’s second competitive auction for large-scale PV projects highlights the country’s growing importance as a destination for clean-energy investment, with non-hydro renewables capacity to rise from 1.4 GW last year to 3.4 GW by 2026, according to a new report.
