Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Malaysia: 1 Gigawatt Solar Tender Coming

Malaysia isn’t messing around. Many countries are focusing on renewable energy as part of their economic revival coming out of the coronavirus crisis (too bad the USA doesn’t have that foresight), but Malaysia’s 1 gigawatt play seems big enough for its own story.

Solar PV power potential in Malaysia. Map courtesy Global Solar Atlas 2.0*.

Malaysia isn’t messing around. Many countries are focusing on renewable energy as part of their economic revival coming out of the coronavirus crisis (too bad the USA doesn’t have that foresight), but Malaysia’s 1 gigawatt play seems big enough for its own story.

The country of 31.5 million will provide contracts for 500 megawatts (MW) worth of projects in the 10–30 MW range and contracts for 500 MW worth of projects in the 30–50 MW range.

This is the 4th round of its large-scale solar (LSS) program, but it is directly tied to the coronavirus recovery efforts in the country. Further, the bidding timetable is being cut from 6 months to 3 months. Projects are expected to begin development by the end of 2020 and be in operation within 3 years. Also, the bidding firms have to be “100% locally owned or incorporated.”

The Ministry of Energy and Natural Resources expects 12,000 jobs will be created and 4 billion Malaysian ringgit ($943 million) will be invested in the 1 gigawatt (GW) worth of projects.

This 4th round of the LSS is the largest. The previous tenders had the following totals:

  1. 250 MW
  2. 563 MW
  3. 500 MW

The bid pricing for 3 awarded contracts in the 3rd round averaged out to about $42/MWh.

According to IRENA, the total solar PV power capacities added in recent years were as follows:

  • 2012 — 25 MW
  • 2013 — 72 MW
  • 2014 — 69 MW
  • 2015 — 63 MW
  • 2016 — 50 MW
  • 2017 — 91 MW
  • 2018 — 166 MW
  • 2019 — 346 MW

*Map obtained from the “Global Solar Atlas 2.0, a free, web-based application is developed and operated by the company Solargis s.r.o. on behalf of the World Bank Group, utilizing Solargis data, with funding provided by the Energy Sector Management Assistance Program (ESMAP). For additional information: https://globalsolaratlas.info (CC BY 4.0 license)

 
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Comments

You May Also Like

Cars

Tesla recently started selling its electric vehicles in Thailand. The company has received over 5,000 orders in just a few days since launch! This...

Clean Transport

I just returned from a trip to Malaysia to attend a road safety seminar, the launch of a new device, and to meet up...

Biomass

The idea that it costs a premium to go green and clean is long expired in the electricity industry. A new report from the...

Cars

Malaysian Prime Minister Ismail Sabri Yaakob wants Tesla to open a plant in Malaysia. He recently invited several Fortune 500 companies, especially Tesla, to...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.