Additional 65MW of renewable energy production under FiT up for grabs


PETALING JAYA: Come May 2, a quota of an additional 65MW of renewable energy (RE) will be up for grabs for parties wanting to produce this under the feed-in-tariff (FiT) programme for 2014. The quota for 2015 is being increased to 109MW.

This is according to a statement by Energy, Green Technology And Water Minister Datuk Seri Dr Maximus Ongkili, who said the quota release for 2014 marked an important milestone in the implementation of the FiT mechanism as Sabah and Labuan would be participating in the mechanism for the first time.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Seda , Solar

Next In Business News

Lim Seong Hai receives land sale offer from Railway Assets Corp
Ringgit closes mostly higher against major currencies on strong GDP data
Wasco Greenergy says RM244.7mil order book to support earnings momentum
MACC ends investigation into IJM chairman
NCT Alliance unit proposes to take up 80% stake in Kuala Langat developer for RM53mil
Bursa Malaysia issues UMA query to MKH following share price surge
Bursa Malaysia ends lower, tracking weak regional sentiment
Lianson Fleet's JV to acquire vessel for RM111mil
Velesto unit secures asset-light rig contract
Sunway raises US$5mil from sukuk issue

Others Also Read