BFM Podcast

Bright Prospects: The Case for Solar Power in Malaysia

Tan KW
Publish date: Wed, 14 Aug 2024, 05:47 PM
Bright Prospects: The Case for Solar Power in Malaysia

14-Aug-24 15:00

Shabrina Nadhila, Electricity Policy Analyst for Southeast Asia, Ember

A new analysis by global energy think tank Ember reveals that solar power generation in Peninsular Malaysia was 53% cheaper than fossil fuels in 2023, offering significant cost savings and energy security benefits. The report highlights the untapped potential of Malaysia's solar resources, particularly in Peninsular Malaysia, Sabah, and Sarawak, and advocates for accelerated solar growth and grid integration to meet the country's renewable energy targets. We discuss the report with Shabrina Nadhila, the Electricity Policy Analyst for Southeast Asia at Ember, and how Malaysia needs enhanced policies to integrate solar and battery storage, emphasizing the need for a holistic, system-wide approach to ensure a secure and resilient energy future.


Image Credit: Embers

Discussions
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calvintaneng

For solar power go for these stocks with abundant cheap lands

1. Rsawit
Its lands in Sarawak near Kuching are cheap in book value as low as 3.5 sen psf

Go for Rsawit

2. Wtk has 20,000 acres of land in Baram South of Miri

Cost only 1.1 sen psf book value
Suitable for solar farm as Ikn Nusantara needs clean energy

Sarawak also can export clean solar energy to both Singapore and Ikn Nusantara


3. Thplant also got 7 parcels of land ready for sale

4. Sarawak Oil Palm (SOP)
SOP has 300,000 acres palm oil lands
Potential for DC Center and Solar Farm as well

5. Tsh Resourcres
Located right within ikn nusantara it has 94,700 acres

Very good for solar farm, DC centers or other Clean tech industries in Ikn Nusatara

All these got huge tracks of lands with cost from 10 sen psf, 5 sen psf to as low as 1 sen psf

All are worth accumulating as long term investments

4 weeks ago

ks55

Go for MK Land lah.
Those land in Bagan Serai very near to BKIP, power demand near to your doorsteps.
No point building solar farm hundred km away from the end-users.

4 weeks ago

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