KUALA LUMPUR: Solar power has now become more competitive than gas for electricity generation, according to Energy, Technology, Science, Climate Change, and Environment Minister Yeo Bee Yin.
“For the large scale solar (LSS) bidding which had just been completed, in the first four projects in which the Energy Commission (EC) having ranked the first four projects had seen bids at prices that were lower than gas generation costs presently which is 23.22 sen,” Yeo said.
“Malaysia is seeing solar energy is already cheaper than gas generation cost. In terms of the future, the trend (cost of generation) for renewable energy is going to be downwards,” Yeo added.
Read more at https://www.thestar.com.my/business/business-news/2019/09/03/solar-power-more-competitive-than-gas#tHfawya7WFwvBviw.99
