Seda revises rates, aims to attract more renewable energy developers

According to chief executive officer Datin Badriyah Abdul Malek, the Sustainable Energy Development Authority Malaysia (Seda) has to adjust the degression rate for all installed capacities for solar PV to reflect the actual market value.

PETALING JAYA: The Sustainable Energy Development Authority Malaysia (Seda) is revising the degression rates for biomass, biogas and solar photovoltaic (PV) that will come into effect this month, according to chief executive officer Datin Badriyah Abdul Malek.

Badriyah said the revision is to make it more attractive to renewable energy (RE) developers and also to reflect the lower technology cost. She stressed that the new ruling would not affect the existing feed-in approval holders or FiAH.