Minister YB Yeo Bee Yin announces revocation of non-performing feed-in tariff projects and new quota release by SEDA in Q4 2018
Last update: 17/10/2018
KUALA LUMPUR, Oct 17 (Bernama) -- Sustainable Energy Development Authority (SEDA) Malaysia has revoked non-performing Feed-in Tariff (FiT) projects in total of 155.7256 MW last month and will release a total quota of 114.5682 MW for eligible applicants to apply. The small hydro category will have a quota of 74.5682 MW for applications expected to achieve commercial operations by 2020 and 2021. The quota allocated for biogas is 30 MW whereas for biomass is 10 MW; these quota are for applications achieving commercial operations by 2021.
This announcement was made by YB Yeo Bee Yin, Minister of Energy, Science, Technology, Environment and Climate Change at the opening of the International Greentech and Eco Products Exhibition (IGEM) 2018 this morning. According to Minister YB Yeo, SEDA will also conduct the inaugural exercise of e-bidding for their biogas quota. The aim of the e-bidding process is to create a better pricing efficiency for electricity generated from the biogas resources through healthy competition.