The world’s largest thin-film solar energy resolution firm, Hanergy, has taken a significant strategic step into Malaysia’s rising photo voltaic market.
It has signed a cope with Tenaga Switchgear (TSG), the holding subsidiary of Malaysian utility Tenaga Nasional Berhad, to make TSG the unique distributor in Malaysia for the HanTile, a thin-film photo voltaic roofing tile.
“We see nice potential in Malaysia, which is a strategic marketplace for Hanergy,” stated Lv Yuan, vice-president of Hanergy Thin Film Power Group, who added that he was assured that the deal would “pump-up the demand” for photo voltaic within the nation.
Hong-Kong-headquartered Hanergy and TSG have additionally pledged to open talks round the potential for setting-up a thin-film photo voltaic industrial park in Malaysia.
TSG president Datuk Hisham stated the cope with Hanergy would assist to “revolutionise Malaysia’s photovoltaic market”
He stated the HanTile can be used within the building of “high-end villas to assist construct Malaysia’s good cities and good dwelling venture”.
It is predicted that on this 12 months’s finance finances, the Malaysia authorities will allocate $480m to help the event of renewables know-how. The authorities has set a goal of creating 20 per cent of complete power consumption from renewables (excluding hydropower) by 2025 – in the present day renewables account for two per cent of the whole power combine. To ship that plan, Malaysia might want to add four GW of renewables over the subsequent seven years.
Malaysia’s appreciable photo voltaic potential might be highlighted at SolarVision, which takes place in Kuala Lumpur later this 12 months. Click right here for particulars.