Vertex

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10 Anson Rd, #05-01, Singapore 079903

+65 9074 0406
support@vertexsolutions.sg

Completion Date2022
Clients
LocationMalaysia
CategoryUtility Scale Solar
Budget$450 Million

Tackling utility scale solar with tight project completion timelines

The team utilised a network reach approach to provide proven expertise across various engineering disciplines, especially Electrical, prioritising language and educational strengths like P.E. certifications and HSE qualifications. Key Execution Strategies and Challenges included:

Project Development and Financing

  • Many projects are executed through public-private partnerships, long-term PPAs, and international financing.
  • The Asian Development Bank (ADB) and other multilateral agencies play a key role in financing and technical assistance, particularly for innovative projects like floating solar.

Grid Integration and Infrastructure

  • Upgrades to transmission and distribution networks are essential to accommodate intermittent solar power. Malaysia and Thailand are investing heavily in grid modernization and smart grid technologies to support large-scale solar integration.
  • Battery storage and smart grid solutions are increasingly seen as critical for balancing supply and demand and ensuring grid stability.

Policy Support and Regulatory Environment

  • Supportive policies, clear renewable energy targets, and transparent bidding processes are crucial for attracting investment. Countries like Malaysia and Vietnam have established clear frameworks and incentives, while Indonesia and Laos are working to improve regulatory clarity and financial viability for investors.

Technical and Workforce Challenges

  • Challenges include competition for skilled contractors, labour shortages, and the need for workforce upskilling. Declining tariffs and financial viability remain concerns, making project bankability and risk management important considerations

This project demonstrated our Team’s strengths to deliver a regional ASEAN personalised, long-term PV energy solutions, combining development expertise with hands-on execution in a demanding market.

Positions appointed include:

  • Investment Manager
  • Construction Manager
  • Electrical Package Lead 
  • BESS package manager
  • Grid Connection engineer
  • PPA / CiD Lead 
  • Sales Manager