TNB signs PPAs for 180MW of solar projects in Malaysia

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The developers will design, construct, own, operate and maintain the PV projects. Credit: Solar Media

Malaysian utility Tenaga Nasional Berhad (TNB) has signed 21-year power purchase agreements (PPAs) for 180MW of solar PV projects in Malaysia, according to a filing on Bursa Malaysia.

The PPAs were signed with:

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Bidder capacity (MWac)
Kenyir Solar Park and Gunkul Engineering 29.99
Hasilwan and Idiqa Holding 30
BGMC Corporation and Bras Venture 30
Gaya Dunia, Enerta and Ambang Fiesta 30
Revenue Vantage and Cypark Renewable Energy 30
Nippon Bumijaya and B&Z Mechanical and Electrical 30

The developers will design, construct, own, operate and maintain the PV projects.

TNB has completed more than 50% of a 50MW solar PV project in Selangor, on the west coast of Peninsular Malaysia, having started construction in July last year. Last week it also signed PPAs for 60MW(AC) of projects developed by TNB subsidiaries.

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

22 May 2024
London, UK
At the time of writing, Europe had had its most successful year in terms of Power Purchase Agreements (PPAs) with a record 7.8GW of renewable energy contracts signed. As we gather in May 2024 for the third edition of the Renewable Energy Revenues Summit, the energy landscape continues to evolve rapidly, influenced by the beating drum of climate change, volatility around power prices and the need to decarbonise power procurement as well as generation.

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