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Advertisement BayWa r.e. has announced the successful sale of two solar farms in Malaysia to a local renewable energy-focused independent power producer (IPP), reNIKOLA Sdn Bhd. The sale of the solar installations in Arau and Gebeng, Malaysia, was conducted in two stages and finalised in December 2020. The 5.2 MWp development in Arau was BayWa r.e.’s first foray into the utility scale market in Malaysia and is located on the university campus at Perlis, the royal capital of Arau. The project marked a significant milestone for BayWa r.e., as it was not only won in Malaysia’s first ever solar auction, but it was one of the first to start generating renewable energy for the country when commissioned in March 2018. ....
In this project round-up, NextEnergy makes acquisitions in Portugal and Chile and BayWa r.e. sells two solar sites in Malaysia to local power producer reNIKOLA Sdn Bhd. ....