Monday, December 5, 2011

Malyasian FIT swamped with applications for PV installations

Southeast Asia

Malyasian government website swamped with applications for PV installations

02.12.2011: Malaysia’s Sustainable Energy Development Authority (SEDA) launched an online application process for its feed-in-tariff (FIT) program at midnight on Dec. 1. The application process was for renewable energy projects to be commissioned from 2012 to 2014. Within two hours, the entire quota for non-individuals for photovoltaic (PV) installations was gone. 9 MW of PV for individuals remained 10 hours after the launch of the application process. In total, SEDA offered FIT certification for 143.78 MW of PV capacity as well as certification for 191.24 MW of other renewable energy capacity. Of the 229 applications received for FIT certification, 201 were for PV. Malaysia’s Renewable Energy Act 2011 established PV FIT rates ranging from about 27¢ per kWh for large installations (10–30 MW) to about 39¢ per kWh for ultra small-scale installations (less than 4 kW). The rates are effective for 21 years and are subject to an annual degression rate of 8 percent. … Source: Sustainable Development Authority; Summary: PHOTON

http://www.seda.gov.my

http://seda.gov.my/go-home.php?omaneg=00010100000001010101000100001000
000000000000000000&s=139

The complete press release can be viewed in PHOTON's archive using the following link:
http://www.photon-international.com/newsletter/document/57653.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

No comments: