Savelite Solar PV Park is a 20.76MW solar PV power project. It is planned in 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 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 20.76 | – | 20.76 | Permitting | Malaysia | Frasers Construction Sdn; Moderntent Development Sdn; Savelite Engineering Sdn |
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Description
The project is being developed by Frasers Construction Sdn, Moderntent Development Sdn and Savelite Engineering Sdn. These companies also have ownership stakes in the project.
Savelite Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $36.952m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
About Frasers Construction Sdn
Frasers Construction Sdn Bhd (Frasers Construction) generates, transmits and distributes electricity through solar power plants and wind generation facilities. It is headquartered in Malaysia.
About Moderntent Development Sdn
Moderntent Development Sdn Bhd (Moderntent Development) generates, transmits and distributes electricity through solar power plants and wind generation facilities. It is headquartered in Malaysia.
About Savelite Engineering Sdn
Savelite Engineering Sdn Bhd (Savelite Engineering) is an integrated power utility that generates, transmits and distributes electricity through solar power plants and wind generation facilities. It is headquartered in 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.
