Malaysia is to increase the degression rate of its PV feed-in tariff from 8 to 20% for installations larger than 24kW from April.
The move is a response to the falling costs of solar PV.
The degression rate for PV installations with an installed capacity of up to 24kW will remain at 8%.
Announcing the move, Datuk Badaruddin Mahyudin, Deputy Secretary General of Malaysia's ministry of Energy, Green Technology and Water, said: “There will be no degression rates for bonus criteria of locally manufactured PV modules and inverter as the rate will be reduced from 8% to 0%.”
The Malaysian Photovoltaic Industry Association reportedly said the move would “kill” the country's solar industry.