The Malaysian authorities have said that they will extend power purchase agreements from the fourth round of Malaysia’s large-scale PV tender from 21 to 25 years.
“The extension gives confidence in the market regulator,” Moritz Sticher, a senior adviser at Berlin-based consulting firm Apricum, said. “Without such extension, we would have probably seen a number of stranded assets. That not only hinders reaching Malaysia’s [renewable energy] targets but is also detrimental in attracting investment.”