Norwegian solar developer Scatec has entered the Malaysian solar energy market in a deal with national electric utility Tenaga Nasional Berhad (TNB).

Working in consortium with local firm ItraMAS, three 21-year power purchase agreements have been agreed for solar projects totalling nearly 200MW and worth some $300m. The three projects are expected to generate 285GWh of electricity per year.

To be located in Merchang in the north, Jasin in the south and Gurun in the west of Peninsular Malaysia, the three PV parks will see Scatec as EPC contractor expecting to invest about $60m for a 49% equity stake.

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