Phoenix Solar Pte created a new subsidiary in Kuala Lumpur, Malaysia: Phoenix Solar Sdn Bhd. The Malaysian subsidiary will focus on turnkey ground-mounted and rooftop PV plants as well as stand-alone PV systems and building-integrated solar plants. The news comes after July’s announcement by Malaysia’s Ministry of Energy for feed in-tariffs on PV plants beginning in 2011.
According to the Ministry, the National Renewable Energy Policy and Action Plan will augment production of electricity at the hands of renewable resources from 1% to 5.5% by 2015. Under the draft by the Ministry, PV electricity will be compensated at a converted rate of around 21 to 44 eurocents per kWh over 21 years. Parliament will be consulting on the plan in October.
Phoenix Solar is no stranger to PV projects in Malaysia. The company will launch a 169kW rooftop plant on September 17, which uses CIGS thin-film modules by Solyndra. In addition, the company completed a 71kWp plant in 2009 on the roof of the new Energy Commission headquarters.