Driving Malaysia’s solar power adoption through commercial, residential properties. [Newspaper] (2024)
Abstract
IN MALAYSIA, both commercial and residential properties have been increasingly adopting solar power installations. The Net Energy Metering (NEM) scheme allows property owners to install solar panels and generate electricity for their consumption while also selling excess energy back to the grid.
This scheme incentivises property owners to invest in solar energy systems by offsetting their electricity bills and potentially earning revenue from surplus energy generation. Additionally, there are various financing options and incentives available to encourage solar power adoption, making it accessible to a wider range of consumers.
According to the Sustainable Energy Development Authority (SEDA), NEM was introduced in November 2016 to promote the adoption of renewable energy (RE), particularly solar energy.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Solar power, Residential properties, Solar energy |
| Taxonomy: | By Niche > Solar > Solar Energy > Economic Aspects By Niche > Solar > Solar Energy > Environmental Aspects By Niche > Solar > Solar Energy > Industrial Applications |
| Local Content Hub: | Niche > Solar |
| Depositing User: | Mohd Ismail Zanudin |
| Date Deposited: | 15 Jul 2024 04:31 |
| Last Modified: | 15 Jul 2024 04:31 |
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