Solar power plants face financing woes


LSS2 problems: A file picture showing a 20MW solar farm at Ladang Byram in Nibong Tebal, Penang. About 70% of the 563MW total LSS2 capacity awarded may be delayed or could even fail to commission altogether, according to industry officials familiar with the matter.

SOME companies awarded large scale solar schemes (LSS2) last year are unable to take off with their plans that is still on the drawing board due to financing and land-related issues.

About 70% of the 563MW total capacity awarded may be delayed or could even fail to commission altogether, according to industry officials familiar with the matter.

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