Solarpack wins 21-year PPA for 116MW plant in Malaysia

Facebook
Twitter
LinkedIn
Reddit
Email
Source: Solarpack

Solarpack has bagged a 21-year power purchase agreement (PPA) through a competitive tender for a 116MW PV park in northern Malaysia.

The deal sets the price of electricity at MYR231.8 (US$56.7)/MWh, assuring energy sales of more than MYR800 million (US$186 million) over the contract’s lifetime.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

It was awarded to the Spanish solar developer in a tender launched by Malaysia’s energy commission in February 2019.

The commission published a list of the tender’s five winners – picked from a pool of 112 bids – in December.

The Suria Sunghai Petani solar park must be commissioned before 31 December 2021 in order to meet the conditions of the tender.

The grid-connected facility will produce 180GWh annually to Malaysian utility Tenaga National Berhad.

The project is in the province of Kedah in northwest Malaysia.

With this new project, the company now has a 215MW project backlog in 2019, by its own estimations.

Solarpack, which has operational PV projects in Spain, Chile, Peru, Uruguay and India, revealed a slide in net profits and a major boost in turnover in its Q3 2019 results. Revenues were €38.1 million (US$42 million) for the January to September 2019 period, an 83% jump on the €20.8 million (US$22.93 million) recorded in the same period in 2018.

Read Next

August 20, 2025
Blueleaf Energy has signed an MoU with Chemsain Sustainability to explore a portfolio of up to 3GW of solar PV and BESS in Malaysia.
Premium
August 14, 2025
JP Casey investigates efforts currently being made to standardise the offtake agreement for the renewable power sector.
August 8, 2025
German renewable energy developer ib vogt has officially broken ground on a 99MWp solar PV power plant in South Cotabato, the Philippines.
August 6, 2025
The first MW-scale floating solar project in the Philippines has come online, according to solar EPC contractor Black & Veatch.
Premium
August 6, 2025
PV Talk: LevelTen’s Andrés Acosta discusses how an oversupply of clean projects is shaping Europe’s PPA market.
July 31, 2025
Leeward Renewable Energy has started construction at the Twelvemile 1 and 2 solar projects in Oklahoma, which have a capacity of 152MW.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines