PUTRAJAYA: The government, through the Sustainable Energy Development Authority (Seda), will open applications for feed-in tariff (FiT) quotas totalling 188 megawatts for biogas, mini hydro and biomass resources in Peninsular Malaysia in June.
Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah (
pic) said NEM 3.0, which will be in effect from 2021 to 2023, has three new initiatives - Program NEM Rakyat, Program NEM GoMEn and Program NOVA.
Under Program NEM Rakyat, residential users who installed photovoltaic (PV) systems will enjoy an offset rate of “one-to-one” for a period of 10 years and they will practice the concept of self-consumption after the 10-year period ends.
The one-to-one offset ratio means that one credit equals up to RM0.51 per kilowatt for domestic tariff.
As an example, if one unit of energy was generated in excess for the current month, then the user will get charged for less one unit of energy the following month.
Samaiden Sdn Bhd director Chow Pui Hee: We expect the award of the LSS4 to be coming in the first quarter.
THE listing of Samaiden Group Bhd could not have come at a better time. The company specialises in the renewable energy (RE) sector, which is in vogue this year.
Last year, the government said that it targets to have RE making up at least 25% of the country’s power generation by 2025. It was a mere 2% in 2018. Government officials have also said that the country needs some RM33bil in investments to boost its RE power generation efforts.
In fact, the Jimah East power plant built by Tenaga Nasional Bhd