Is small scale solar farm profitable in Malaysia?

I mean like 1-2 acre land, then convert to solar farm, and sell to TNB. Is this profitable long term?

I saw some large solar farm has problems like lightning, soil settlement, oil-leakgage in transformer, etc. I thought it is almost zero maintenace?

Anyone already started solar farming here can share some experience?

Found this on Quora, 6 years ago answer.

https://www.quora.com/Are-solar-farms-in-Malaysia-profitable


Solar farms in off seashore Malaysia can be profitable considering the average yield of 1300–1400 kWh/kWp.

100 kWp grid connected plant cost:RM300000,

O&M cost: RM7000 per year

Solar generation: 135000kWH in year

You sell solar electricity at 40sen/kWH.

Revenue : RM54000 in year

Operating Profit: RM47000

Simple Payback: 6 years 5 months

Solar panel warranty: 25 years

Operating Life: 25 to 30 years

I think yes, I saw some small scale solar farm just next to palm oil estate. I think the size is about 1 acre only the one I saw, just next to PD highway if I recall correctly.

that answer is 6 years ago.

Still got, but minimum is 10 MW, shit that is a lot of capital.


https://www.st.gov.my/contents/2021/LSS/Ann...S%40MEnTARI.pdf

http://www3.seda.gov.my/iframe/

current rate is RM0.39

I think so, many incentive for green energy.

FIT Rate:
2014 RM1
2017 RM0.74
2020 RM0.54
2023 RM0.39

Seems like getting low, so not worth it long term??