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 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.
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