Malaysia looks at FIT adjustment due to PV over-subscription

Malaysia is considering adjusting the feed-in tariffs (FITs) it set in December because an oversubscription to PV risks causing an imbalance in the country’s renewable energy market.

The Sustainable Energy Development Authority (SEDA) told newspaper The Malaysian Reserve it will look at amending the FITs before it launches the next round of quotas in July or August. Other sources such as bioenergy and small-hydro look set to be the beneficiaries.

According to the report – published on SEDA’s own website – chief executive Badriyah Abdul Malek says “it is quite likely” that SEDA will adjust the tariffs after studying the uptake of the first quota of FIT support.

She says that since the launch of the subsidy programme…

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login

Recharge App


Dowload the Recharge Mobile App
Get the free Recharge subscriber app on your device running iOS or Android.
Read Recharge anytime and anywhere.
Recharge IOS App