JAKS Solar PV Park is a 50MW solar PV power project. It is planned in Penang, 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. Post completion of the construction, the project is expected to get commissioned in 2023. Buy the profile here.

Description

The project is being developed and currently owned by JAKS Resources. The company has a stake of 100%.

JAKS Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $80.8m.

Development status

Post completion of the construction, the project is expected to get commissioned in 2023.

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 50MW.

For more details on JAKS Solar PV Park, buy the profile here.

About JAKS Resources

JAKS Resources Berhad (JAKS Resources) is a manufacturer and distributor of pipes. The company engages in the business of infrastructure construction projects and land development projects. It is also involved in trading of steel bars, mild steel, sheet piles and special pipes, other steel related products, building materials and supply of products for water supply industry. JAKS Resources is engaged in management of shopping mall, and development of commercial and residential properties. The company operates in Vietnam and Malaysia. JAKS Resources is headquartered in Subang Jaya, Selangor, Malaysia.

GlobalData

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.