Only most FiT-ting bid for RE production


PUTRAJAYA: Those intending to cash in on renewable energy (RE) production using solar power may need to go through an open bidding process in the future if demand continues to outstrip the funds available, said Energy, Green Technology and Wa­­­ter Minister Datuk Seri Dr Maximus Ongkili.

He said response to the solar photovoltaic (PV) segment of the Government’s Feed-in-Tariff (FiT) system – which pays consumers monthly for energy sent back into the national power grid – had been overwhelming since it was launched in 2011.

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Utilities , renewable energy

   

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