Sunday, December 30, 2012

Malaysia postpond 20 MW quota until 2013

Malaysia: 20 MW solar quota postponed

The release of a new 20 MW quota for small-scale photovoltaic installations in Malaysia has been postponed until Q1 2013. The FIT quota is for installations smaller than 500 kW and was scheduled to be released on December 17th.

Malaysia continues to manage its FITs closely, which were launched by Loo Took Gee last year, and has delayed the release of its small scale photovoltaic quota. Photo: Solarpraxis AG/Jonathan Gifford
Malaysia’s photovoltaic market has been growing steadily since FITs were launched in 2011. However, in a sign that the government is still keen to ensure the growth doesn’t get out of hand the Sustainable Energy Development Authority (SEDA Malaysia) is holding back the release of 20 MW of quotas.
Green Prospects Asia has reported that SEDA Malaysia’s COO Ali Askar Sher Mohamad said that the delay is to "allow time for a dialogue on degression rates." The COO also added that the quota will be released in Q1 2013, "if sufficient funds become available."
SEDA also appears to be trying to clear up some of the details in the FIT application process, by placing a two-year moratorium of FIT approval holders, who then do not meet the conditions of approval. This move is attempt to prevent “quota hogging,” under the Malaysian FIT system, where limited capacity qualifying for the FIT is available.
New rules for a rooftop rental system are also in the pipeline, SEDA announced.\

No comments: