MALAYSIA F-I-T ATTRACTS DEVELOPERS

Malaysian feed-in tariff launch piques developers’ interest
Chris Whitmore, 6 December 2011 (PV Tech)

"The Sustainable Energy Development Authority Malaysia (SEDA Malaysia) has started accepting applications from PV project developers to participate in its new feed-in tariff programme. Tariffs range from RM1.2300 per kWh (US$0.39) for the smallest installations to RM0.8500 per kWh (US$0.27) for systems between 10MW and 30MW.

"Although the Malaysian Senate approved the programme – which also offers incentives for biomass, biogas and small hydro technologies – in April, SEDA only started accepting applications at the start of the month. The response has been positive and by December 2, 201 proposals, totalling 143.78MW, had already been submitted."

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"…[Following] tariff verification…[as well as submission of] the necessary paperwork and payment of an application fee for larger systems….SEDA Malaysia will issue a feed-in approval (FIA)…The programme offers 21-year contracts and successful bidders will need to complete their systems by 2014.

"Malaysia is the latest Asian country to launch a renewables subsidy scheme and hopes the FIT will help it develop more than 3GW of new renewable capacity by 2020. SEDA expects PV to account for more than one third of this…"