Solar panel in Malaysia: should you install this for your home?

Solar panel in Malaysia: should you install this for your home? [Website]



Abstract

The first solar panel was invented almost two centuries ago, and solar PV has become increasingly efficient and commercially attractive over the last few decades. In the 1950s to 1960s, solar panels were just 10% efficient, meaning ONLY 10% of the energy absorbed from the sun was converted into electricity. Nowadays, solar panels can convert around 20% of the energy. If that doesn’t sound like a lot, remember: You don’t have to pay for sunlight! Solar power generated at home can save you cost on electricity, as you source and consume electricity on your own, rather than buying it from the grid. The excitement doesn’t stop there – you can even apply to SELL that energy back to Tenaga Nasional Berhad (TNB) or Sabah Electricity Sdn Bhd (SESB). You can do this through Malaysia’s Net Metering Scheme. The scheme is an initiative designed to reward both domestic and commercial solar power generators, by selling any extra renewable energy back to the electricity grid. Now, that’s a very green way to earn some money! There’s a total quota of 500MW for domestic Net Metering accounts, up to the year 2020.

Item Type: Website
Keywords: Solar energy, Renewable energy, Solar equipment, Solar PV installation
Taxonomy: By Niche > Solar > Solar Energy > Economic Aspects
By Niche > Solar > Solar Energy > Industrial Applications
Local Content Hub: Niche > Solar
Depositing User: Mohd Ismail Zanudin
Date Deposited: 05 Oct 2023 07:12
Last Modified: 05 Oct 2023 07:12
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