TNB signs PPAs for another 60MW of Malaysian PV projects

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

UPDATED: Malaysian utility Tenaga Nasional Berhad (TNB) has signed 21-year power purchase agreements (PPA) with KBJ Hecmy and Redsol for two 30MW(AC) solar projects in Malaysia.

One PPA signing was with Redsol, a special purpose company of Fumase and Scatec Solar Malaysia, for a 30MW(AC) project in Mukim Beriah, Daerah Kerian, Perak.

The other PPA signing was with special purpose company, KBJ Hecmy, for a 30MW(AC) solar project in western Peninsular Malaysia. KBJ Hecmy will design, construct, own, operate and maintain the project at Mukim Chuping, Bukit Keteri, Perlis. The PPA has an expected commercial operation date of 1 December 2020.

Earlier this week, TNB announced the signing of PPAs for a further 180MW of projects, which were also part of the country’s Large-Scale Solar (LSS) program – the latest in a string of PPA signings.

Updated to include a second PPA signing with Redsol

Read Next

PV Tech Premium
May 3, 2021
Companies are purchasing solar, wind, and other forms of renewable energy more than ever before. The power purchase agreement (PPA) market in Europe has grown to a cumulative capacity of over 12GW, with a record 4GW signed in 2020. Corporate climate commitments are opening doors for investment in renewable energy, and continued price declines are convincing companies to sign new contracts. Is the European market ready to fulfil its potential? By Dr. Mercè Labordena, senior policy advisor at SolarPower Europe, and Milena Koot, communications advisor at SolarPower Europe
May 3, 2021
Scatec’s posted an improved first-quarter financial performance after closing its acquisition of hydropower developer SN Power in January and completing solar projects in South Africa and Ukraine.
PV Tech Premium
April 30, 2021
‘Solar Module Super League’ (SMSL) member First Solar has hit a nameplate Series 6 CdTe thin film manufacturing capacity of 7.9GW in the first quarter of 2021, after ramping its second and last converted factory in Malaysia.
April 22, 2021
A round-up of the latest news from the US solar sector, including distributed solar specialist SunPower's return to large-scale power systems, panel maker Maxeon's share offering, and developer National Grid Renewables' PPA with Hershey, Home Depot and NRG.
April 21, 2021
Ingka Group, a retailer that runs the majority of IKEA stores, has allocated an additional €4 billion (US$4.8 billion) to invest in solar and wind plants.
April 14, 2021
While recent solar auctions in Spain and Portugal have made headlines with low prices and high levels of participation, the power purchase agreement market will be key to helping both countries reach their 2030 solar deployment targets, it was suggested during a panel discussion.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021