Classic Solar PV Park is a 50MW solar PV power project. It is planned in Perlis, 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.
Smarter leaders trust GlobalData
Description
The project is being developed and currently owned by Classic Solar Farm Sdn. The company has a stake of 100%.
Classic Solar PV Park is a ground-mounted solar project.
The electricitiy generated from the plant will offset 78,450t of carbon dioxide emissions (CO2) a year.
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.
Contractors involved
Solarvest Holdings is expected to render engineering procurement construction services for the solar PV power project.
For more details on Classic Solar PV Park, buy the profile here.
About Classic Solar Farm Sdn
Classic Solar Farm Sdn Bhd (Classic Solar) is a solar power generation company. Classic Solar is headquartered in Penang, Malaysia.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
