Renewables and green technology developer Cypark Resources Bhd, in partnership with Revenue Vantage, has started the commercial operation of its 30 MWac solar photovoltaic project located in Kedah, Malaysia.
Cypark Ref Sdn Bhd, a subsidiary of Cypark Resources, served as the turnkey contractor and project financier for the development of the solar park. Cypark Renewable Energy Sdn Bhd, another unit of Cypark Resources, will be in charge of the operation and maintenance of the plant for a period of 21 years.
The consortium won the project in competitive bidding held in December 2017.
Country updates
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October 07, 2021
Tenaga Nasional Berhad awards 50 MW solar PV project in Kedah to Solarvest Holdings
TNB Engineering Corporation Sdn. Bhd, a part of Malaysian national utility Tenaga Nasional Berhad, has awarded Solarvest Holdings Bhd the development contract to build a 50 MW solar photovoltaic proje...
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September 13, 2021
Solarvest secures EPC deal for 50 MW Classic Solar Farm in Chuping
Solarvest Holdings Bhd has secured a MYR175 million (US$42.3 million) large-scale solar (LSS) project from Classic Solar Farm Sdn Bhd under Malaysia’s Large Scale Solar (LSS) programme. Solarve...
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August 31, 2021
Solarvest signs PPA with Tenaga Nasional Berhad for 50 MW solar PV projects
Solarvest Holdings Berhad has signed power purchase agreements (PPA) with Tenaga Nasional Berhad (TNB) for the sale of electricity from its three shortlisted large-scale solar projects (LSS) under the...
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August 24, 2021
TNB, Sharp Ventures sign PPA for 50 MW solar project in Klang
Tenaga Nasional Bhd (TNB), the government-controlled utility, has signed a large-scale solar photovoltaic power purchase agreement with special purpose company Sharp Ventures Solar Sdn Bhd of Sharp Ve...
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March 23, 2021
Engie, TTL Energy achieves financial close on 100 MW Kerian solar project in Perak
MUFG Bank (Malaysia), a subsidiary of Mitsubishi UFJ Financial Group, Inc., has announced that it acted as mandated lead arranger and sole green structuring advisor for an MYR342 million (US$83.0...
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