In the middle of last month, the ministry was still studying a bidding plan for solar projects in the country. However, it now says using a bidding mechanism for solar power tariffs could have negative impacts.
In the letter sent on Tuesday, it said: “Investors of the projects that have been granted investment certificates have spent a lot of time and money on planning, site clearance, preparations for construction and technical design evaluation. Not getting a PPA is an unwanted issue,” adding the previous regulation would slow down a project of those without a PPA.MoIT said 36 projects nationwide, with a total capacity of 2,989 MW, have received investment certificates before November 23, 2019.
According to the report, there could be 25,000 jobs in project development, services, operations and maintenance created annually through 2030 and another 20,000 in manufacturing.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vietnam looks to more than double power generation capacity by 2030HANOI: Vietnam will more than double its power generation capacity over the next decade to support a fast-growing economy, new guidelines for a national energy development strategy show. The South-East Asian nation aims to boost capacity to 125-130 gigawatts (GW) by 2030, from about 54 GW now.
Source: staronline - 🏆 4. / 75 Read more »
Vietnam's transgender singer’s MV gets18.6 mln hits on YouTubeHCM CITY, Vietnam, Feb 20 (VNS/ANN) — Vietnam's transgender Hương Giang’s latest music video (MV) has attracted more than 18.6 million views on YouTube, with other hits gaining fame as well.
Source: staronline - 🏆 4. / 75 Read more »
Virus threatens production of protective gear for Fukushima staff | The Malaysian InsightPlant operator Tepco may be forced to resort to commercially available products, such as plastic raincoats.
Source: msianinsight - 🏆 8. / 63 Read more »
Defence grills witness over failure to advise Najib on solar project | The Malaysian InsightMadinah Mohamad says she tried her best to advise against the project but could not overstep her position.
Source: msianinsight - 🏆 8. / 63 Read more »
Madinah mahu projek solar mula sebelum bersara, kata peguam Rosmah | The Malaysian InsightTindakan Madinah meminta dana tambahan bagi projek solar hibrid dan surat anugerah kontrak kepada Jepak Holdings “luar biasa”, kata Akberdin.
Source: msianinsight - 🏆 8. / 63 Read more »
Casillas to end playing career, says Porto presidentFormer Real Madrid goalkeeper joins Porto in 2015 but suffered a heart attack and hasn't played a competitive game since. FMTNews Casillas
Source: fmtoday - 🏆 5. / 72 Read more »