NCIA & Partners Conducts Feasibility Study For Green Technology Power Station

KUALA LUMPUR, Dec 24 (Bernama) -- The Northern Corridor Economic Region (NCER) will witness a feasibility study for the potential construction of a 50 MW green technology power station. The study on the public-private partnership project will be funded by the Japan International Cooperation Agency (JICA) and spearheaded by Japanese-based Panasonic Corp as well as Newjec Inc. In a statement Wednesday, Northern Corridor Implementation Authority (NCIA) said the study would encompass the development of energy supply and investments derived from photovoltaic energy generation stations. "The sun irradiance in this region is averagely higher than any other parts in Malaysia and this suits well into the plan for the proposed PEGS in the Northern Corridor," said NCIA Chief Executive Redza Rafiq. Photovoltaic (PV) is a method of converting solar energy into direct current electricity using semi conducting materials that exhibit the photovoltaic effect. The PV effect is the creation of voltage or electric current in a material upon exposure to light. NCIA said the study would determine the feasibility and determine the operational set up of the project. It will also determine the financial model of the project and the socio-economic benefits to be gained by the people in the corridor. "The feasibility study is scheduled to start in January 2015 and conclude in August 2015," the agency said. -- BERNAMA