The Malaysian government has awarded a power purchase agreement (PPA) to German solar developer ib vogt to provide 30MW of power to Samsung SDI Energy Malaysia, a local subsidiary of the South Korean technology giant that specialises in the production of batteries.
The government awarded the PPA as part of its Corporate Green Power Programme (CGPP), a project launched earlier this year to connect solar power developers in Malaysia with potential corporate offtake partners. Companies can bid for up to 800MW of solar power capacity, up from an initial offering of 600MW, with electricity prices fixed for the duration of the deal, as is often the case with corporate PPAs.
