The Corporate Green Power Programme (CGPP), updated in November 2023, serves as a comprehensive guide to advancing renewable energy adoption in Malaysia, particularly through solar PV plants. Below is the updated summary:
Primary Objectives
- Facilitate the integration of renewable energy into corporate operations.
- Establish fundamental principles and eligibility requirements for participation.
- Define the responsibilities of involved parties and outline the application process.
Key Features
- Virtual Power Purchase Agreement (VPPA): Allows corporate consumers to engage with solar power producers virtually, without direct energy supply.
- Eligibility:
- Solar power plants: Must have a capacity of 5MW–30MW and be new projects.
- Solar power producers: Must meet financial, technical, and regulatory standards.
- Corporate consumers: Must operate in Peninsular Malaysia with sound financials and clear operational plans.
Application Process
- Open until 31 December 2023 or until capacity is fully allocated.
- Evaluated on a first-come, first-served basis; complete documentation is required.
Responsibilities
- Solar power producers: Manage project development, licensing, and agreements.
- Corporate consumers: Ensure operational readiness and adhere to contractual commitments.
This program is a strategic initiative aimed at boosting renewable energy usage in Malaysia, promoting corporate sustainability, and contributing significantly to carbon emission reductions.
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