Many players were hoping for the capacity level in LSS 3 to be far more generous. Credit: SEDA
The third round of Malaysia's Large-Scale Solar (LSS) tenders will for another 500MW of capacity and details will be annonuced in January, according to energy minister Yeo Bee Yin.
Yin stated that the value of the projects could be as much as RM2 billion (US$477 million).
Although many developers have enjoyed the steady pace of Malaysia's market with a clear road of 500MW auctions on a regular basis, many were hoping for the capacity level in LSS 3 to be far more generous, on acknowledgment of the success of the previous two rounds, the most recent of which saw awards for 563MW in December 2017.
Major utility TNB recently connected the first phase of the country's largest PV project so far.