Chin says to announce new FiT quotas soon
NEW DELHI, Nov 7 — Malaysia will be releasing the new quota for Feed-In-Tariff (FiT) programme in the first quarter of 2013, said Minister of Energy, Green Technology and Water, Datuk Seri Peter Chin Fah Kui.
“We are now in the final stage of setting the degression rates and rationalisation of quotas,” Chin (picture) said at the Asean-India Ministerial Meeting on Co-operation in Renewable Energy.
The FiT programme is Malaysia’s new mechanism under the Renewable Energy Policy and Action Plan and the Renewable Energy Act 2011 catalysing generation of renewable energy, up to 30 megawatts (MW).
This mechanism, which is aimed at leapfrogging Malaysia’s foray in the development of renewable energy to ensure a more sustainable energy sector, allows electricity produced from indigenous renewable resources to be sold to power utilities at a fixed premium price for a specific duration.
“So far, the FiT mechanism has received good response, especially in the solar photovoltaics (PV) area.
“As of September 30, 2012, we have already approved FiT application with a total capacity of 238MW, of which a total of 75.5MW has been successfully installed and commissioned,” he said.
Apart from that, Malaysia is also in the process of enhancing subsidy legislation with the aim of enhancing the FiT mechanism.
This is to ensure that the implementation of the FiT mechanism is always practical and relevant to the current situation.
“The e-FiT online system is also in the process of upgrading works to ensure compliances as well as to make it more robust and user-friendly,” he said.
Malaysia, Chin said, recently launched the 2,000 Solar PV Rooftops Programme which aimed to have 2,000 individual household rooftops installed with solar PV system by end-2013.
The programme is a prelude to the 10,000 Solar PV Rooftop Programme to be launched in the future.
Malaysia would have about 130MW of renewable energy in the national energy mix by year-end, which is about 0.6 per cent of the total installed capacity. — Bernama