•  
  •  
  •  

Tenaga Nasional signs 30-MW solar PPA in Malaysia

Source: Longi Green Energy Technology (www.en.longi-solar.com).

April 23 (Renewables Now) - Malaysian utility Tenaga Nasional Bhd (KLSE:TENAGA), or TNB, has signed a new long-term power purchase agreement (PPA) for a 30-MW solar project, it announced today.

The company has inked the deal with Halpro Engineering Sdn Bhd, which is a special purpose company set up by Majulia Sdn Bhd and Greencells GMBH. The two partners bid in the competitive process held by Suruhanjaya Tenaga in the first quarter of 2017.

Halpro Engineering will design, build, own and operate the solar park in Mukim Bebar, Daerah Pekan, Pahang. The plant, expected to enter into service by the end of next year, will be selling the generated electricity to TNB for a period of 21 years.

TNB signed similar deals with seven different firms in late March.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription