Tenaga Nasional Berhad (TNB), the Malaysian utility, has awarded six PPAs to six different special purpose companies for the development of solar parks with a combined capacity of 180 MW.
Only one of the projects – each of which has a capacity of 30 MW – must be operational by the end of 2019: The one awarded to Kenyir Solar Park Sdn. Bhd and Gunkul Engineering Public Co. Ltd, which will be located in Dungun, Terengganu.
All of the remaining five projects must come online in late 2020. One of these, planned to be located in Machang, Kelantan, will be devoped by Hasilwan (M) Sdn. Bhd and Idiqa Holding Sdn. Bhd.
Another facility, proposed BGMC Corporation Sdn. Bhd and Bras Venture Bhd, will be constructed in Kuala Muda, Kedah, while the project submitted by Gaya Dunia Sdn. Bhd, Enerta Sdn. Bhd and Ambang Fiesta Sdn. Bhd, will be developed in Sik, in the same region.
Two more projects, planned for the region of Negeri Sembilan, were submitted by a consortium formed by Revenue Vantage Sdn. Bhd and Cypark Renewable Energy Sdn. Bhd, and another consortium composed of Nippon Bumijaya Sdn. Bhd and B&Z Mechanical and Electrical Sdn. Bhd, respectively.
The PPA signings are the latest in a series of projects and supply deals that have been announced in Malaysia in recent months. In mid-March the Malaysian power provider awarded PPAs for another 60 MW of solar projects.
In January, PA Resources, a unit of Malaysian engineering firm, PA Group, signed a US$154 million, three-year deal to supply materials to thin film PV module manufacturer, First Solar. Also in January, Finnish engineering consultancy, Pöyry revealed it had agreed to work with Leader Solar Energy on the development of a 29 MW solar project in Kedah.
In December, meanwhile, a consortium headed by Cypark Resources won the rights to develop a 30 MW PV array in Negeri Sembilan. And a unit of Vortex Energy revealed plans to sell a 45% stake in a 365 MW solar portfolio to Kumpulan Wang Persaraan (KWAP), Malaysia’s second-biggest pension fund.
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