Malaysia awards 563MW of solar in second LSS auction

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Credit: SEDA

UPDATED: The Energy Commission of Malaysia (EC) has released the list of winning developers in its second Large-Scale Solar (LSS) tender round, offering roughly 563MWac of capacity.

The tender was originally only for 460MWac, but it was heavily oversubscribed. The first round of the LSS also saw more capacity awarded than was originally tendered. The selection of the bidders was based on the most competitive prices offered, which also met all the RfP requirements.

Kiran Jethwa, managing partner of one winning developer, Fumase, told PV Tech: “We had expected the tariffs to drop a bit. At the current prices, solar is competitive with some of the thermal power plants. The intermittency issue can be resolved if the costs of energy storage come down.

“The LSS program is run quite well and is helping Solar become more mainstream in Malaysia. The authorities increased the overall capacity allocation which may be good however it creates uncertainty. I am sure some of the bidders would have bid differently had they known the new overall capacity beforehand.”

Nazrin Misher, business development executive of local EPC provider Maqo Group, told PV Tech that there were few surprises in the results, with most of the winners already being large and established players or consortiums. He said the shortlisted bidders now have to comply to certain requirements so that they can start to implement their projects.

The plants are due for commercial operation in the Peninsular Malaysia, Sabah and Federal Territory of Labuan in 2019/20.

Below are the lists of shortlisted bidders for the five capacity packages provided by EC:

Package P1 (1MWac to 5.99MWac) in Peninsular Malaysia:

Package P2 (6MWac to 9.99MWac) in Peninsular Malaysia

Package P3 (10MWac to 30MWac) in Peninsular Malaysia

Package S1 (1MWac to 5.99MWac) in Sabah and Labuan

Package S2 (6MWac to 10MWac) in Sabah and Labuan

The results were widely expected to reach new lows for tariffs in Malaysia and the industry is hoping that the EC will come out with a third LSS auction in relatively quick succession. Projects from the first LSS auction are still under development, although some winners have already dropped out for various reasons.

PV Tech reported that utility TNB and major local developer Cypark had both won 30MW projects in this second auction earlier this month.

Article updated to include comment from Fumase.

Read Next

January 11, 2022
Algeria has launched a tender process to support the deployment of solar PV projects in the country with a total capacity of 1GW.
January 6, 2022
JinkoSolar has won a tender issued by the China Petroleum Engineering and Construction Corporation (CPECC), an affiliate company of the China National Petroleum Corporation (CNPC), for up to 1.85GW of high efficiency TOPCon modules
January 6, 2022
Chile has published details of its latest power auction, set to take place later this year and contract 5,250GWh per annum for 15 years.
January 5, 2022
Spain will allocate up to 140MW of distributed solar PV capacity in the country's next renewables auction, set to take place this April.
January 4, 2022
NTPC Renewable Energy (NTPC REL), the renewables arm of Indian state-owned power giant NTPC, has invited bids for balance of system (BOS) packages with land anywhere in India for 1000MW worth of projects within the Interstate Transmission System (ISTS) connected solar projects programme
December 9, 2021
Polish solar developer R.Power Group has signed contracts with infrastructure firms Nomad Electric and Onde for the construction of 135 solar PV plants in Poland with a combined capacity of 400MW

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
January 26, 2022
Free Webinar
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal