2,000MWAC QUOTA UNDER LSS@PETRA+ TO OPEN FOR BIDDING ON JAN 20 – PETRA

PUTRAJAYA, Jan 18 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) will launch an additional bidding round under the LSS@PETRA+ (Large Scale Solar – SuRİA Energy Transition Plus) programme for the development of large-scale solar power plants with a total quota of 2,000MWac.

PETRA said the additional quota will be offered by the Energy Commission (ST) starting Jan 20 through a Request for Proposal process.

“Solar power plants approved under this additional bidding round are scheduled to commence operations in 2027,” PETRA said in a statement today.

According to PETRA, the initiative aligns with the nation’s aspirations for energy transition and the demand for green electricity within the national power supply system.

PETRA noted that the additional solar capacity under LSS@PETRA+ is expected to attract investments worth RM8 billion and create 12,000 job opportunities in the renewable energy (RE) sector.

PETRA expressed confidence that this initiative will significantly contribute to the nation’s energy transition goals, aiming to increase the share of RE capacity in the national power supply system to 70 per cent by 2050.

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It also underscores PETRA’s commitment to reducing the carbon footprint of the country’s electricity supply sector.

The additional quota will be offered in two packages: Package A for ground-mounted solar power plants with a capacity of 30MWac to 500MWac, offering a total quota of 1,500MWac, and Package B for floating and water-based solar power plants with a capacity of 10MWac to 500MWac, offering a total quota of 500MWac.

Further details about this additional quota offering can be accessed on the ST website at www.st.gov.my.

-- BERNAMA