ID :
94229
Thu, 12/10/2009 - 16:56
Auther :
Shortlink :
https://oananews.org//node/94229
The shortlink copeid
RED SOLAR WANTS TO DEPLOY MUNI-SOLAR TO FEED M'SIAN CITIES WITH SOLAR ENERGY
FROM KAMARUL ARIFFIN MD YASIN
SAN FRANCISCO, Dec 10 (Bernama) -- Red Solar (M) Sdn Bhd, a Malaysian
solar energy company, intends to deploy Muni-Solar by collaborating with local
authorities to install facilities that can feed cities, special economic zones,
university campuses and villages with solar energy.
Executive Chairman and Chief Executive Officer Rais Hussin Mohamed Ariff
said through such initiative the company would put up solar panels on roof tops
of government buildings to install utility-type "fenced-in" solar electricity.
Rais Hussin said he believed his company could deliver in this sector as
Malaysia had the potential to be the ideal site for solar photovoltaic cell and
panel production since the country was the preferred location for semiconductor
manufacturers.
" For the time being, Solar Cell can supplement and eventually replace coal
to a greater extent. Solar Energy and not nuclear is the natural successor to
fossil fuel," he told BERNAMA Wednesday.
Rais Hussin said while many continued to view solar energy as somewhat
exotic,
in excess of 85 per cent of solar panel deployment in the United States were
connected to the commercial grid.
" While we view it to be expensive, solar power generation is hovering
around grid-parity in parts of California and shall undoubtedly achieve
grid-parity in most parts of the world by 2012," he said.
He said Red Solar would take measures to promote green and renewable
energy market through the joint venture with Silicon Valley-based TCTI Inc and
Perak State Economic Development Corporation.
" Bringing this high technology, high value, new foreign direct investment
worth US$250 million (RM877 million) to Perak will herald a new beginning in
high-tech manufacturing in the state.
At this point, Malaysia has to choose whether we wish to be a follower or
a leader in this sector.
" Today, Spain and Germany, not sunny Malaysia, are the largest users of
photovoltaic. The Spanish Feed-In Tariff was a robust four times the current
electricity rate. Spain did this to help deliver on their 2010 target of
4GW installed PV capacity.
" What they got was 3.2GW capacity even before 2008 ended. Spanish solar
sales soared from 600MW in 2007 to 2,511MW in 2008. Now that target is on track.
" In Malaysia all that the solar industry asks for is workable policy on
feed-in tariffs that reduce over time and are eliminated in three to five years
so that Malaysia can meet its solar target of five per cent of overall energy
generation.
" On our part, the production facility (joint venture with TCTI in Perak)
will contribute towards lowering PV panel cost and help bring about the
grid-party the industry wants to make it happen before 2012," he added.
-- BERNAMA
SAN FRANCISCO, Dec 10 (Bernama) -- Red Solar (M) Sdn Bhd, a Malaysian
solar energy company, intends to deploy Muni-Solar by collaborating with local
authorities to install facilities that can feed cities, special economic zones,
university campuses and villages with solar energy.
Executive Chairman and Chief Executive Officer Rais Hussin Mohamed Ariff
said through such initiative the company would put up solar panels on roof tops
of government buildings to install utility-type "fenced-in" solar electricity.
Rais Hussin said he believed his company could deliver in this sector as
Malaysia had the potential to be the ideal site for solar photovoltaic cell and
panel production since the country was the preferred location for semiconductor
manufacturers.
" For the time being, Solar Cell can supplement and eventually replace coal
to a greater extent. Solar Energy and not nuclear is the natural successor to
fossil fuel," he told BERNAMA Wednesday.
Rais Hussin said while many continued to view solar energy as somewhat
exotic,
in excess of 85 per cent of solar panel deployment in the United States were
connected to the commercial grid.
" While we view it to be expensive, solar power generation is hovering
around grid-parity in parts of California and shall undoubtedly achieve
grid-parity in most parts of the world by 2012," he said.
He said Red Solar would take measures to promote green and renewable
energy market through the joint venture with Silicon Valley-based TCTI Inc and
Perak State Economic Development Corporation.
" Bringing this high technology, high value, new foreign direct investment
worth US$250 million (RM877 million) to Perak will herald a new beginning in
high-tech manufacturing in the state.
At this point, Malaysia has to choose whether we wish to be a follower or
a leader in this sector.
" Today, Spain and Germany, not sunny Malaysia, are the largest users of
photovoltaic. The Spanish Feed-In Tariff was a robust four times the current
electricity rate. Spain did this to help deliver on their 2010 target of
4GW installed PV capacity.
" What they got was 3.2GW capacity even before 2008 ended. Spanish solar
sales soared from 600MW in 2007 to 2,511MW in 2008. Now that target is on track.
" In Malaysia all that the solar industry asks for is workable policy on
feed-in tariffs that reduce over time and are eliminated in three to five years
so that Malaysia can meet its solar target of five per cent of overall energy
generation.
" On our part, the production facility (joint venture with TCTI in Perak)
will contribute towards lowering PV panel cost and help bring about the
grid-party the industry wants to make it happen before 2012," he added.
-- BERNAMA
