The Malaysia Automotive, Robotics and IoT Institute is planning a huge solar power project which will integrate agriculture and livestock farming in the Sabah region. The research institute claims to have already secured $50 million for the project’s first, 200 MW phase. The 25,000ha required for the projects will host up to 150,000 cattle as well as cultivation of forage crops such as kenaf, corn, wheat and hay.
Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.
The third round of the nation’s Large Scale Solar procurement program was oversubscribed more than 13 times its 500 MW limit. The final electricity price is likely to beat the previous $0.079-0.13/kWh to settle somewhere around $0.042-0.057.
Pestech, a Malaysia-based electrical power technology company, has entered into a partnership with Chinese inverter maker Sungrow to jointly develop new floating solar solutions.
The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition.
Scatec Solar moved into the Malaysian Solar market in late-2016. The company sealed financing for 197 MW of capacity with the help of the country’s green bonds, the year after. Malaysia is continuing on its solar trajectory and will hold the third iteration of its tenders for the allocation of an addition 500 MW in generation capacity.
Using an application based on resource data and country-specific techno-economic inputs, a report has analyzed the costs of developing utility scale renewables in Southeast Asia and found abundant, cost-competitive potential.
As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.
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