Tien Ching, UMILE to invest in 49 MW floating PV in Malaysia

Tien Ching, UMILE to invest in 49 MW floating PV in Malaysia

The Taiwanese company has agreed to start a feasibility study next month on
the possibility of developing the country's first floating solar array, in
cooperation with UMILE Ltd Liability Partnership.

The two sides have agreed to set up a special purpose vehicle to build an
80-hectare project on a lake near the town of Pasir Mas, near the Thailand
border in the state of Kelantan, Tien Ching Energy said in an online
statement.

If completed, the project would be the largest floating PV array in the
world.

Total investment in the project could reach 400 million ringgit ($90.4
million), according to Malaysian state news agency Bernama.

UMILE aims to integrate the array with an aquaculture project.
Taichung-based Tien Ching Energy primarily sells solar water heaters and
pumps.

Floating solar projects are increasingly gaining traction with investors,
particularly in land-scarce countries such as Japan.

French floating PV pioneer Ciel et Terre expects to complete Taiwan's first
such project in June, in cooperation with GermanSolar Asia.

And earlier this month, Ciel & Terre installed a 220 kW floating project in
Portugal. The array — built at a hydroelectric dam on the Rabagão River — is
the first utility-scale floating PV project in the world to be integrated
with hydropower.

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Link to Original Article:
https://www.pv-magazine.com/2017/03/30/tien-ching-umile-to-invest-in-49-mw-f
loating-pv-in-malaysia/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com