Commercial & Industrial
Overview of Rooftop Solar in Malaysia
The Malaysian government has been supportive of the local production, adoption and utilisation of clean renewable energy as an alternative resource, particularly solar PV energy technology. Many incentives are branched across programmes and partnerships, such as the Net Energy Metering (NEM) scheme, Self-Consumption (SELCO), the Supply Agreement of Renewable Energy (SARE) and the Green Income Tax Exemption (GITE). All of these initiatives benefit both producers and users of renewable energy and should be taken as a perfect opportunity to reduce overhead energy costs in the long run, especially in a capital-intensive industry.
Over the past few years, Malaysia has made some promising steps into the rooftop solar space. Net energy metering quota allocations have enabled rooftop solar users to profit and benefit from solar photovoltaic (PV) electricity generated while selling surplus energy back into the electricity grid. An additional 500MW of net metering capacity was opened for applications by the Sustainable Energy Development Authority (SEDA) Malaysia in February 2021. The benefits solar power energy brings to the commercial and industrial sector are numerous; they cover multiple areas that will likely be addressed heavily in the current and future market.
Rooftop solar installation for commercial and industrial businesses and companies provides a perfect opportunity to generate significant amounts savings to the monthly TNB payments. The economic potential of this technology has seen significant improvements over recent decades, aided by local tax incentives such as the Green Investment Tax Incentive (GITA) and the comparatively cheaper manufacturing cost of solar panels cost comparative to a decade ago. The attractiveness of rooftop solar will continue to grow and the commercial business case for rooftop solar will continue to become more attractive as rooftop solar will increasingly develop into a cost-effective source of energy solution. The business case is propelled further with Malaysia being in a favourable geographic position offering substantial solar irradiation and sun hours, and with significant urban rooftop estate, Malaysia is positioned to unlock even greater generation capacity in future.
The potential of rooftop solar is immense, however there are still physical limitations and challenges during installation of solar panels. One of the key challenges, is that rooftops need to be of a certain size and design to be suitable for solar installation. The more substantial the rooftop size and the less complicated the roof design, the greater returns on investment. On the contrary, oversizing the installable capacity without a careful understanding of the daily load profiles would result in energy wastage, which effectively means slightly lower return on investments for commercial and industrial business company owners.
At Progressture Solar, we have the experience and track record as a cleantech energy solutions provider to design, engineer and deliver the most optimal and reliable solar PV system for clients’ businesses as we have the best interest of our clients in mind – to ensure the highest possible return on investments all with the safest, most reliable and highest quality solar PV systems. We currently provide two ways for solar-PV ownership for our clients. The first would be the upfront cost model and the second would be the zero upfront cost model.
In summary, rooftop solar is all about harnessing the sun rays to generate electricity for your own use, enabling you to save significantly on your monthly electricity bill, achieve your company ESG goals, and contribute to a environmentally sustainable future for the next generation. Our team appreciates that each client will have different needs and requirements, and it would be our pleasure to strive and meet them with tailored designs, PV systems, and services.
Our services include (but are not limited to):
Consultation and Project Development
Project financing and investment
Project design and engineering
Solar PV Installation
Maintenance and operational support
Internet of Things (IoT)