OCI has revealed plans to invest $55 million to expand production at its Malaysian manufacturing facility from 30,000 to 35,000 metric tons.
Through the fourth tender of the LSS program for large scale PV, the Malaysian authorities have pre-selected 30 solar projects with a combined capacity of 823 MW. The lowest bid came in at MYR0.1768/kWh ($0.0429) and the highest at MYR0.2481/kWh.
The NEM 3.0 program will run until the end of 2023 and will see the participation of residential, commercial and industrial prosumers as well as public entities and government ministries.
The 13 MW array was deployed in the Selangor state on the west coast of Peninsular Malaysia. The plant is selling power to local utility TNB under a 21-year PPA. The project’s levelized cost of energy is MYR 0.21608 ($0.051).
Four bids have been lodged for 100 MW projects and fifth for a 90 MW facility, all in peninsular Malaysia, to indicate the 500 MW tender will fall short of its intended capacity. The lowest solar power price lodged is for $0.042/kWh.
The $483 million fab will be built by an unnamed ‘multinational glass manufacturer’ at the Kota Kinabalu Industrial Park, in the Sabah region.
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.
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