Malaysia’s Sustainable Energy Development Authority (SEDA) will open its solar feed-in tariff scheme to owners of landed homes on 24 September. The scheme has allocated up to 2,000 kilowatts of residential rooftop photovoltaic solar capacity for the fourth quarter and up to 6,oookW in 2013.
Homeowners should recover the costs of installing rooftop solar - which can earn about Rm500 per month for 21 years - in about six years, according to SEDA estimates.
In recent years, Malaysia’s solar manufacturing industry has shot up, with new factories built or planned from global firms such as First Solar, Bosch and Panasonic. The domestic demand for solar has lagged, however.
The government introduced the feed-in tariff at the end of last year to boost Malaysia’s renewable energy sectors, although SEDA cautioned in May that it may take measures to limit solar projects in favour of less expensive renewable technologies such as biomass.
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