Perbadanan Kumpulan Solar PV Park is a 50MW solar PV power project. It is planned in Pahang, Malaysia. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 50 | – | 50 | Permitting | Pahang, Malaysia | Kumpulan Powernet |
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Description
The project is being developed and currently owned by Kumpulan Powernet.
Perbadanan Kumpulan Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $89m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
Power Purchase Agreement
The power generated from the project will be sold to Tenaga Nasional under a power purchase agreement. The offtake capacity is expected to be 50MW.
About Kumpulan Powernet
Kumpulan Powernet Berhad (KPower) is a conglomerate company. The company through its subsidiaries is engaged in the manufacture and sale of warp-knitted fabrics, weaving, rings and slides, hook and eye tapes, slide binding and bone casing, hook and eye fittings, dressmaker and laminated fabrics. Its warp-knitted fabrics comprise elastic, tricot, brushed tricot, meshed tricot and microfibre. The company also provides lamination of fabrics and fiberfill services. KPower is also involved in development f real estate properties. It serves lingerie, apparel, automotive, household, shoe and other industrial sectors. The company has operations in the UK and Malaysia. Kumpulan Powernet is headquartered in Kuala Lumpur, Malaysia.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
