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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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

Next In Business News

Great views, great premiums
Recent fires expose glaring oversights
Let’s get it right about BTS 10:90
IMF evaluation reflects Malaysia’s strong economic fundamentals, economists say
MATRADE appoints Abu Bakar Yusof as CEO
Ringgit poised to see profit-taking after hitting near six-year high vs greenback
Political clarity could unlock valuation multiples
Racing to deliver
The illusion of beat estimates
Boost for Abu Dhabi’s global push

Others Also Read