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  Yahoo News 30 Aug 06
Malaysia to spend millions on promoting solar energy

KUALA LUMPUR (AFP) - Malaysia, an oil exporter, plans to spend millions of dollars on promoting the use of solar power in the country over the next five years, it was reported.

The government will contribute a quarter of a planned 88 million ringgit (25 million dollars) budget for the scheme while the rest will be funded by the private sector and an international environmental group, the state Bernama news agency said.

Ahmad Hadri Haris, project leader for the photovoltaic or solar energy sector in Malaysia said it was the fastest-growing energy source in the world with expansion of 25-30 percent over the last 15 years.

"Globally, the photovoltaic industry generates revenue of over 10 billion dollars to 12 billion dollars and this includes sales of modules, equipment and system installation," he told Bernama.

Malaysia has said it may consider alternative sources of power, including nuclear energy generation, if the price of oil surpasses 100 dollars a barrel.

Under a fuel diversification policy which started in 1981, Malaysia has promoted the use of natural gas, solar power and biofuel to reduce dependence on oil.

Bernama 30 Aug 06
RM88 Mln To Kick-start Usage Of Solar Energy

KUALA LUMPUR, Aug 30 (Bernama) -- The Government will contribute 24 percent of the RM88 million budgeted to kick-start usage of solar energy in Malaysia over the next five years.

"The Global Environment Facility will contribute 20 percent of the budget and the private sector 28 percent," said Ahmad Hadri Haris, national project leader for Malaysia Building Integrated Photovoltaic Technology Application Project (MBIPV).

The balance will be contributions in kind by the government and private sector, he said at a press conference here Tuesday.

Ahmad said under the Ninth Malaysia Plan, the government would use MBIPV as a platform to kick-start usage of solar energy. "The project is fully supported by United Nations Development Programme," he said.

He said solar energy was the fastest-growing energy source in the world with annual growth rates in the range of 25 percent to 30 percent per annum over the last 15 years.

"Globally, photovoltaic industry generates revenue of over US$10 billion to US$12 billion (US$1=RM3.65) and this includes sales of modules, equipment and system installation," he said.

He said in 2005, the total photovoltaic installed capacity for Organisation for Economic Cooperation and Development was over 3.7 gigawatt (GW). "Germany leads the world with over 1.43GW photovoltaic installed capacity, followed closely by Japan with 1.42GW," he said. -- BERNAMA
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