Expansion in solar photovoltaic to generate RM200mil in opportunities
Thestar: Monday November 22, 2010 By DAVID TAN GEORGE TOWN: The solar photovoltaic (PV) capacity in the country is expected to increase substantially to 11mega watt (MW) in 2011, generating about RM200mil in business opportunities for companies involved in installing solar power generation systems. AWC Bhd managing director Azmir Merican told StarBiz that the 11MW capacity would provide for the grid-connected market in the peninsula and the off-grid market in East Malaysia, following the implementation of the feed-in tariff scheme under the Renewable Energy Law next July. The feed-in tariffs proposed for residential buildings is around RM1.20 per kilowatt (KW) hour and for commercial properties around RM1.10 per KW hour, while the tariff to consume solar power from Tenaga Nasional Bhd (TNB) is around 32sen per KW hour for both residential and commercial properties. AWC, a provider of engineering services and integrated facility management solutions, is listed on the ...