The fresh funding wraps up a summer of global expansion for the Norwegian firm, with utility-scale projects switched on in Ukraine, Egypt, Mozambique and Malaysia.
The southeast Asian state's "relatively favourable investment environment," its thriving domestic solar manufacturing industry and "low political, economic and operating risks" will spur solar development, according to Fitch.
Project of 100MW proposes cheapest tariffs for hugely oversubscribed 500MWac grid-connected solar tender, the third of a series for Southeast Asian state.
‘Solar Module Super League’ (SMSL) member JA Solar has supplied its bifacial double-glass PERC modules to a 2.5MW rooftop project at a Goodyear tire manufacturing facility in Shah Alam, Malaysia.
Scatec Solar and its partners have grid connected its third solar power plant in Malaysia, the 66 MW Merchang plant. Scatec now boasts a 197MW PV pipeline within the country.
PV ModuleTech will be returning to Penang, Malaysia on 22-23 October 2019. The agenda sessions and topics at PV ModuleTech 2019 will focus on the key global issues today in terms of module technology, quality, and reliability – specific to large-scale module purchasing decisions over the next 12-18 months.
A consortium led by OCBC Bank is financing a 30MW PV project located in Bukit Keteri, Malaysia. OCBC Bank will serve as the bookrunner and mandated lead arranger of the syndicated project financing.
