Malaysia Solar PV (large)

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Financial Closure

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  • To develop a large Solar PV project in Malaysia, project developers must first identify and select a suitable site for building a large Solar PV plant.
  • Concurrently, permission for grid connection must be obtained.
  • Typically, project developers establish a special purpose company (SPC) to develop, construct, and operate a large Solar PV plant. Establishment of a special purpose company must be done from the outset.
  • A number of permits must also be obtained from the government and relevant authorities.
  • A provisional license must be obtained from the Energy Commission, thereby allowing the project developer to generate electricity in Malaysia.
  • Financing must be secured from banks or financial institutions.
  • After the financial closure, procurement and construction may commence.
  • After completion of a large Solar PV power plant’s construction, inspection and testing must take place.
  • After COD, operations at the large Solar PV plant may commence.