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MELAKA MULLS FIRST SOLAR VALLEY IN MALAYSIA
Posted on: Fri, 28 May 2010 03:26:06 EDT
Symbols: FSLR =
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The government of the southern Malaysian state of Melaka is proposing = to=20 create a "solar valley", the first of its kind in the country, at the = Rembia=20 Industrial Estate to develop green technology initiatives.
To be called "Melaka World Solar Valley", the project will be = undertaken in=20 collaboration with the Alor Gajah Municipal Council, said Chief Minister = Mohd=20 Ali Rustam..
Besides using solar energy to generate electricity, the 7,248.43 ha = valley=20 will also be involved in producing solar panels for export, he said. =
"Melaka will move forward progressively towards adopting green = technology in=20 urban and community development," he told reporters after attending a = briefing=20 on "Melaka World Solar Valley" at a resort in Ayer Keroh Thursday.
Mohd Ali said Sunpower (Malaysia) Sdn Bhd is building a RM2.5 billion = (US$759.2 million) factory complex on a 144 ha site at the valley area = to=20 manufacture solar panels.
The first of the two-phase project is slated for completion in = September, he=20 said.
Mohd Ali said the solar valley will have trading and industrial areas = and a=20 housing estate fully equipped with green technology facilities.
He said the valley, to fully use green technology, especially solar = energy,=20 by 2020 aims to be Malaysia's prime producer of solar panels.
The Chief Minister said the proposed solar valley would also pave the = way for=20 a better socio-economic status of the Alor Gajah District by creating = solar=20 industry entrepreneurs and creating new jobs though the cost to develop = solar=20 power was higher, four times more than electricity generation.
The people in the area will also enjoy a healthy life and a clean=20 environment, he said.
Mohd Ali said Melaka has the capacity to supply electricity using = solar power=20 or other green technologies if there was a request from Tenaga Nasional = Berhad=20 (KLSE:5347).
"It will be a smart move if solar energy is developed alongside = nuclear=20 energy being considered by the government because with the limited = source of=20 uranium, solar and nuclear can complement each other to generate = electricity for=20 the people's needs," he added.
(BERNAMA-OANA) bl
For full details on First Solar Inc (FSLR)
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| iShares iBoxx=20 $ Investment Grade Corporate Bond Fund | LQD | 10 |
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| Ziopharm=20 Oncology Inc | ZIOP | 9 |
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| PowerShares=20 DB Gold Double Short Exchange Traded Note | DZZ | 8 |
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*
* Copyright (c) 2009 J=F6rn Zaefferer
*
* Dual licensed under the MIT and GPL licenses:
* http://www.opensource.org/licenses/mit-license.php
* http://www.gnu.org/licenses/gpl.html
*
* Revision: $Id: jquery.autocomplete.js 15 2009-08-22 10:30:27Z =
joern.zaefferer $
*/
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