Malaysia’s TNB Enters PPA For 500 MW Solar

• TNB has entered 21-year PPAs for a total of 500 MW AC solar power capacity in Malaysia
• All of 10 facilities that make up the 500 MW AC capacity, were awarded in the LSS 4 round
• Facilities have a commissioning deadline between March 2023 and December 2023

Malaysian utility Tenaga Nasional Berhad (TNB) has entered power purchase agreements (PPA) with the winners of its large scale solar (LSS) bidding round 4, concluded in March 2021 by the country's energy commission Suruhanjaya Tenaga (ST). It has signed up for a total of 10 projects, representing 500 MW AC capacity.

All projects have 50 MW AC capacity each. TNB has signed 21-year PPAs with Special Purpose Companies (SPC) incorporated by successful bidders identified as Asiabina Properties, Classic Solar Farm, Gopeng Berhad, JAKS Solar Power, Perbadanan Kemajuan Negeri Pahang and Kumpulan Powernet Berhad, Ragawang Corporation, Ranhill Utilities Berhad, TNB Renewables, Uzma Environergy, and Sharp Ventures.

The selected projects will be designed, constructed, owned, operated and maintained by special purpose companies (SPC) incorporated by the winners. The first of these projects is scheduled to come online by March 30, 2023. The other projects are expected to be commissioned between September 2023 and December 2023.

While releasing the results, ST had revealed it selected 823.06 MW total capacity under 2 packages of 323.06 MW (10 MW to 30 MW range) and 500 MW (30 MW to 50 MW range) in response to 1 GW AC solar tender (see RM 0.1768/kWh Lowest Bid For Malaysia's LSS4 Round).