Cypark Impian Marang Solar PV Park is a 173MW solar PV power project. It is planned in Terengganu, Malaysia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025. Buy the profile here.
Description
The project is being developed and currently owned by Cypark Resources and Impian Bumiria Sdn. The company's ownership stake in the project stands as 70% and 30% respectively.
Cypark Impian Marang Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $293.754m.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Tenaga Nasional under a power purchase agreement for a period of 21 years. The offtake capacity is expected to be 100MW.
For more details on Cypark Impian Marang Solar PV Park, buy the profile here.
About Cypark Resources
Cypark Resources Berhad (CRB) is a clean technology company that offers environmental engineering services. It also offers engineering and technology services on transforming dump sites to an economic and environmental boon. The company's services include environmental remediation, integrated waste management solutions, remediation and ground water assessment, and integrated renewable energy generation services. CRB also provides information system, scientific closure, and remediation of contaminated land through internally developed technology, wastewater treatment services, and others. The company’s projects include wastewater treatment, contaminated land management, and groundwater management. It also provides measures to prevent degradation to land, water and air. CRB is headquartered in Petaling Jaya, Selangor, Malaysia.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
