As a developing country with the rapid growth of economic and population\nlike Malaysia, energy and electricity play a critical role towards sustaining and\nsupporting the development of the nation. However, like many countries\nacross the world, Malaysia is facing challenges in reducing the carbon footprint\nwhile attending the expanding growth. In the Eleventh Malaysia Plan,\nMalaysia has pledged to renew and increase its commitment to the environment\nand long-term sustainability by adopting green growth initiatives. According\nto the plan, one of the approaches towards pursuing green growth is\nby undertaking the sustainable consumption and production concept that promotes\neconomic growth without compromising the environment. One of the\nstrategies is to focus on promoting renewable energy sources as well as boosting\nup the development of the systems. The last decade has seen a growing\ntrend towards renewable energy in Malaysia, particular in solar photovoltaic\napplications in recent years. This paper will investigate the potentials of installing\n5 MW solar PV plants in the state of Sabah according to feed in tariff incentives\nand its financial and environmental assessment in order to promote\nlarge scale solar PV in Malaysia. This paper calculates the economic viability\nthrough IRR and simple payback indicators and the environmental impact\nthrough CO2 emission reduction indicator for the proposed 5 MW plant.
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