JAKS Solar PV Park is a 50MW solar PV power project. It is planned in Penang, Malaysia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
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Description
The project is being developed and currently owned by JAKS Resources. The company has a stake of 100%.
JAKS Solar PV Park is a ground-mounted solar project.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Tenaga Nasional under a power purchase agreement for a period of 21 years. The offtake capacity is expected to be 50MW.
For more details on JAKS Solar PV Park, buy the profile here.
About JAKS Resources
JAKS Resources Berhad (JAKS Resources) is a manufacturer and distributor of pipes. The company carries out the business of infrastructure construction projects and land development projects. It also carries out the trading of steel bars, mild steel, sheet piles and special pipes, other steel-related products, building materials and supply of products for the water supply industry. JAKS Resources carries out the management of shopping malls and the development of commercial and residential properties. The company operates in Vietnam and Malaysia. JAKS Resources is headquartered in Subang Jaya, Selangor, Malaysia.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
