1,000MV Solar Quota Offered by the Govt

"This was the biggest quota offered under the LSS Program." , said Minister Datuk Dr Shamsul Anuar Nasarah.


28 May 2020

Ministry of Energy and Natural Resources (KeTSA) will offer as much as 1,000MW worth of Energy Commission through a competitive bidding process under the Program LSS@MEnTARI or the Large Scale Solar By Malaysian Program Electricity Industry to attract RE Investment starts May 31, 2020.

This is the largest quota ever offered LSS Program as a Government step towards recovery and boost the economy following the outbreak of the Covid-19 outbreak affecting the country's economy. It is also meant to be a meaningful development in terms of the country`s electricity supply industry to renewable energy.

The ministry`s intention is to ensure the investment in renewable energy could benefit local people as well as giving an immediate effect to the country's economy.  The government is firm on the participation of this program is only open to 100% locally owned companies or is registered in Malaysia. Companies that are listed on the Exchange Malaysia interested in joining LSS@MEnTARI must own at least 75% of the local shareholding.

The ministry has also set a maximum capacity of 50MW bid for each developer in Third Round Large Scale Solar Program (LSS-3) to open up opportunities for more solar industry players to participate in this bid.

The 2 packages offered will be stated as follows:

  • Package 1: with total quota offered by 500MW. For this package, the capacity range offered is between 10MW and less than 30MW.
  • Package 2: with total quota offered by 500MW. For this package, the capacity range offered is between 30MWac and 50MWac.

The maximum capacity that each developer can bid is 50MW and each developer can submit no more than 3 bid only. Through the offering of the 2 packages, the Ministry hopes that more local companies, whether be small or big industries are willing to help to build a solar industry country.

Not only that, Datuk Dr. Shamsul Anuar Nasarah also states that optimistic bidders will be able to offer competitive prices throughout the bidding process. Together with the Ministry's intention that this LSS@MEnTARI will revitalize the country's economy as quickly as possible, period bid document submission has been shortened to 3 months compared to 6 months earlier to ensure implementation of these solar projects can start immediately before the end of 2020.

Throughout the implementation of the LSS@MEnTARI Program, the Ministry is expecting an investment of RM4 billion to be generated with 12,000 new job opportunities to local workers. Solar power plants under the LSS@MEnTARI Program are expected
commence operations by December 31, 2023.

Source: New Straits Time

Budget 2020: Solar Tax Exemptions Extended to 2023

Budget 2020: Solar Tax Exemptions Extended to 2023

Solar Tax Exemptions Extended to 2023, says Lim Guan Eng


11 October 2019

Malaysia's renewable energy policies got a further boost in Budget 2020 with the Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE) receiving an extension to year 2023.

Finance Minister Lim Guan Eng announced the green tax measures to help the nation achieve its target of 20% renewable energy mix by 2025 when tabling the Budget 2020 at Parliament on 11 October 2019.

According to the minister, tax incentives will also be introduced to companies implementing solar leasing activities with income tax exemption of 70% for up to 10 years.

The ministry has also set a maximum capacity of 50MW bid for each developer in Third Round Large Scale Solar Program (LSS-3) to open up opportunities for more solar industry players to participate in this bid.

He also added that the government will also speed up the implementation of Energy Performance Contracts (EPC) for Government buildings, focusing on hospitals and educational institutions.

Source: The Star

Malaysia can generate more electricity if all roofs use solar panels, says Yeo

Malaysia Solar Electricity

Malaysia Can Generate More Electricity If All Roofs Use Solar Panels


18 June 2019

PUTRAJAYA: Malaysia can generate 1.4 times more electricity if all the roofs in Peninsular Malaysia are fitted with solar panels, compared with the conventional electricity generation of fossil fuel burning.

Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin said there are over 4.12 million buildings with solar rooftop potential in the peninsula. If all these buildings are fitted with solar photovoltaic (PV) systems, it can generate a whopping 34,194 megawatt (MW) of electricity at any one time, she said.

“If we equip our roofs with solar, we can potentially produce more than the total electricity generated in Malaysia,” Yeo said at the Sustainable Energy Development Authority (SEDA) office here on Tuesday (May 14).

Currently, only 2% of Malaysia’s electricity is generated by renewable energy sources, as the nation’s energy generation is still highly dependent on limited fossil fuel resources such as oil, coal or natural gas.

In the race to increase the nation’s renewable energy mix from 2% to 20% by 2030, the Ministry is targeting commercial and industrial buildings to go solar and be early adopters of the revised Net Energy Metering (NEM) scheme.

Yeo said the NEM offers those who opt for solar energy lower tariffs, tax incentives, solar leasing programmes, and reduced electricity bills through the one-on-one offset, where every 1kWh exported to the grid will be offset against 1kWh consumed from the grid.

Yeo said the Ministry has allocated a 2019 NEM quota of 500 MW, with 450 MW allocated for commercial and industrial buildings, and the remaining 50 MW for residential buildings. She said the revised NEM scheme has seen a positive response as there was an increase in NEM take-up rate this year. “As of May 2019, a total of 16.6 MW of NEM has been approved in the first four months of 2019, compared with approved capacity of 18.24 MW in 2018,” she said.

Yeo made the comments during the launch of the NEM calculator available on the SEDA website. With the calculator, SMEs and residents can calculate the potential monthly savings from generating solar energy, the upfront cost needed, the simple payback period, and the environmental impact. The SEDA website also has a directory of 110 registered solar PV service providers and 27 solar PV investors who will carry out the solar leasing programmes.

Those who wish to purchase solar PV systems can contact PV service providers for a quotation while those who prefer to lease it, or pay only for the electricity generated by the systems through the power purchase agreement, can contact solar PV investors. Yeo said the government, through the Malaysian Investment Development Authority, is also offering SMEs a green investment tax allowance and income tax exemption for the purchase of solar PV systems.

Source: The Star

‘Yes’ to green energy, ‘no’ to nuke

Say 'Yes' to Green

‘Yes’ to green energy, ‘no’ to nuke


18 June 2019

BEIJING: Malaysia is working on promoting green energy by switching to renewable energy generation, says Prime Minister Tun Dr Mahathir Mohamad. He said there were suggestions to replace conventional power with solar and wind energy. Malaysia, he added, was not affected by strong winds, but there were suggestions to build wind turbines in the sea off the east coast of the peninsula. “We have not approved this,” he said, adding that Malaysia was also looking into the use of solar power.

“We will certainly switch to renewable energy,” he said. However, he replied “no” to the option of using nuclear power. Dr Mahathir was responding to a question on Malaysia’s plan to utilise green energy during a dialogue with 40 Chinese investors here yesterday. He is here to attend the Second Belt and Road Forum for Inter­national Cooperation.

To a question on the tax system, the Prime Minister said Malaysia had no plans to increase taxes. The government was looking into ways to reduce taxes instead, he added. “We have reduced taxes for import of luxury goods and this helps businesses to grow because more people can come to shop in Malaysia. “The government will study whether we can make the country more attractive and business-friendly,” he said. Dr Mahathir also assured foreign investors that Malaysia’s policies would remain the same despite Pakatan Harapan winning the 14th General Election.

“Malaysia is a very stable country. We do not change much, so you can be comfortable with the rules and laws. “Despite a change of government, our policies have remained the same,” he added. Earlier yesterday, Dr Mahathir visited Huawei’s research centre, where he was briefed on the company’s 5G technology, cloud services and other smart applications.

He also met Ren Zhengfei, founder of the world’s biggest telecommunications equipment maker. The two discussed ways to leverage on information and communications technology to facilitate the improvement of Malaysia’s economic development.

Source: The Star

Large Scale Solar (LSS3) Malaysia

Large Scale Solar 3 (LSS3) for Malaysia's Solar Industry

28 November 2018


Large Scale Solar Malaysia

Large Scale Solar Round 3 (LSS3) by Minister YB Yeo Bee Yin of Malaysia

The government of Malaysia will undertake an open tender in 2019 for an estimated RM2 billion worth of projects under the third cycle of the Large Scale Solar 3 (LSS3) scheme, to increase electricity generation from renewable energy (RE).

Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin told Parliament today that the LSS3 project in Malaysia has a total electricity generation capacity of 500 megawatts (MW).

It was reported earlier that RE constitutes 2% of the country's total energy generation mix as at 2016. Today, Yeo said the government hopes to increase the RE portion to 20% by 2025.

“To achieve the 20% RE target, more LSS needs to be added to the system. So far, the government has implemented two LSS project cycles with an installed capacity of 958MW. Out of the total, three projects with a capacity of 32.5MW have reached the date of commercial operations. Other projects are expected to start generating energy by the end of 2018 to 2020.

“In the government's electricity supply planning, the increase in the proportion of RE in electricity generation would not only reduce carbon emission intensity in the electricity supply sector by 49%, but could also result in system cost savings of RM270 million for the period from 2018 to 2037,” said Yeo.

Solar Leasing and Net Energy Metering (NEM) for Malaysia

Solar Leasing and Net Energy Metering (NEM) for Malaysia

 

solar leasing net energy metering nem malaysia

Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC), YB Yeo Bee Yin announces new-year changes to try and drive further PV adoption in the populous southeast Asian nation.

28 November 2018


What is Solar Leasing?

With a Solar Leasing or power purchase agreement (PPA) in Malaysia, you don't have to pay the high upfront cost of solar panels, equipment, and installation. Instead of paying for a solar system, you pay a fixed monthly amount for the  electricity the solar panels generate. It's easy and affordable.

 

What is Net Energy Metering (NEM)?

The concept of NEM is that the energy produced from the solar PV system installed will be consumed first, and any excess to be exported and sold to the distribution licensee (such as TNB /SESB ) at the prevailing Displaced Cost prescribed by the Energy Commission.

Read more about it here.

 

NEM and Solar Leasing in Malaysia

YB Yeo Bee Yin reportedly announced a move to make the nation’s Net Energy Metering (NEM) regime more attractive by moving to offset surplus energy fed back into the grid on a like for like basis, rather than forcing prosumers to accept a lower displaced cost for excess energy. Malaysian newspaper The Star reports prosumers currently have to pay MYR0.50 ($0.12) per kilowatt hour for electricity but receive only MYR0.31 in return for their surplus energy.

nem solar leasing malaysia

 

The Star reports the new Net Energy Metering (NEM) regime will be introduced on January 1, at the same time as Solar Leasing is rolled out, to further encourage domestic solar energy in Malaysia

 

The Reserve states the new Supply Agreement for Renewable Energy (SARE) of Malaysia will see third-party investors agree a price with homeowners and utilities that ensures a saving on bills for the homeowner plus a return for the investor. The investor will then finance installation of the panels, ensuring there is no upfront cost for the householder. For more information regarding Supply Agreement for Renewable Energy (SARE) in Malaysia, check it out here.

 

The consumers of Malaysia can start to experience the benefits of having a cheaper electricity bill with the Net Energy Metering (NEM) and Solar Leasing concept, estimated next year at Jan 1 2019. Stay tuned for more information from the ministry of Malaysia.

Supply Agreement for Renewable Energy (SARE) Provides Cheaper Electricity to Solar User in Malaysia

SARE Provides Cheaper Electricity

SARE Programme Allows Malaysia Solar Users to Install Solar Panels in Their Houses Under a Solar Leasing Concept


28 November 2018

Domestic and commercial users of solar power will enjoy cheaper electricity bills from Jan 1 under two revamped policies as the government seeks to make renewable energy (RE) a mainstay in the country’s power grid.

Energy, Technology, Science, Environment and Climate Change Minister Yeo Bee Yin (picture) said the monthly electric bills reduction will be dependent on the size of the area to be fitted with the solar panel.

Yeo said the rebates is part of the “solar leasing” concept which offers better profits for solar power producers.

“Under solar leasing, there will be zero upfront cost where individuals do not not need to come out with any initial cost to install the solar panels” , said Yeo.

Yeo also said members of the public who generate solar energy for personal use will get rebates from TNB at the same consumption tariff under the revised net energy metering (NEM) programme.

This is to ensure the NEM programme is feasible in terms of ringgit and sen to electricity consumers.

“From Jan 1, 2019, there will be no more differences in the selling and purchasing prices of electricity.

“TNB’s bill calculation will be based on one-on-one where the bill is similar to the clean consumption rate, which is the consumption minus generation times with tariff.”

Press Release

Press release

For immediate release

Launching of NEMsolarMalaysia.com Net Energy Metering Savings Calculator & Environment Carbon Footprint Calculator, at SEDA Open Day, to help Investors to estimate Solar System Size on their roof top for Electricity Bill Savings and Environment Benefits like CO2 Reduction

From Left to Right: CEO of SEDA Ts. Dr. Wei-nee Chen, Board Member of SEDA Tan Sri Dato' Academician Ir. (Dr.) Ts. Ahmad Zaidee,  CEO of MAQO Solar Mr K.K Kong, COO of MAQO Solar Mr Faizuri Bohari

Penang, Malaysia – 8 Nov 2018 — NEMsolarMalaysia.com Carbon Footprint Calculator was unveiled at SEDA Open Day. It serves as an example of Maqo Solar commitment to promote the country NEM Solar Awareness and Adoption in Malaysia.

This is a free, web-based tool to help investors and policymakers identify potential sites for solar power generation in Malaysia, at the click of a button.

The United Nation Intergovernmental Panel on Climate Change (IPCC) has published a special report on 8 Oct 2018 warned that we have just 12 years to limit climate change catastrophe.

The planet is in crisis. It’s up to us to fix it. We urge investors to take the first step with the NEM Solar Calculator & Environmental Footprint Calculator.

It will really surprise us that we produce huge amount of CO2 in everyday life. For instance, CO2 and other emissions are produced when we drive a car, turn on the air conditioning, cooking, working, celebrating or flying.

NEMsolarMalaysia.com now provide individual and corporate to check their residential houses, shops, commercial buildings, government premises, universities, hospital and factories roof top and estimate the solar system size to be installed and apply to SEDA for Net Energy Metering. This will help to compensate and reduce carbon emissions to our planet. And also save millions of dollars on electricity bills.

This green investment will contribute towards achieving the Malaysia Renewable Energy target of 2% to 20% by year 2025.

This NEM Net Energy Metering Savings Calculator displays the solar system size, solar energy generation and make a compare between the annual electricity bill prior and after the solar installation, and shows the potential cost savings.

“We create tools to increase renewable energy awareness and provide investors & consumers with the information they need to make smart energy decisions, while saving the earth” said Mr Faizuri Bohari, COO of Maqo Solar. “The interactive platform uses interactive satellite map to estimate the technical potential of roof in Malaysia for Solar Project deployments”

Maqo wish to collaborate with stakeholders to further enhance the platform to help authorities to assess different geographical areas, to discover the enormous untapped potential areas for solar power installations. We are confident that this will help local councils and the electricity industry plan for the solar future.

“NEMsolarMalaysia aims to empower investors and consumers with information they need to make a decision how much solar they can install, and how much they will save when they do” said Mr K. K. Kong, CEO of Maqo Solar

This initiative is fully supported by SEDA Malaysia whereby this new tool will assist consumers to obtain an initial indication of solar system sizing on roof before carrying out their own more detailed analysis.

There is a surge of interest from investors in solar power as a result of the dramatic cost decreases over the past few years. Plus the recent improved Net Energy Metering mechanism of “one-on-one” calculation as announced by YB Yeo Bee Yin, Minister of Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC), we hope that the NEMsolarMalaysia Calculator will help inform the crucial planning and investment decisions of investors.

Follow SEDA

http://seda.gov.my

https://www.facebook.com/SustainableEnergyDevelopmentAuthoritySEDAMalaysia/

https://twitter.com/SEDAMalaysia

Company Information

The Sustainable Energy Development Authority (SEDA) Malaysia is a statutory body formed under the Sustainable Energy Development Authority Act 2011 [Act 726].  The key role of SEDA is to administer and manage the implementation of the feed-in tariff mechanism which is mandated under the Renewable Energy Act 2011 [Act 725].

For more information about SEDA, please visit our website at www.seda.gov.my

or email ccd@seda.gov.my or call +603-8870-5800

Follow Maqo Solar

http://maqosolar.com

https://www.youtube.com/channel/UCpcD9BiVgTU_WOjboK2zAzw

Company Information

MAQO Solar is a full end-to-end service provider that help investors to transform their roof top with Solar System to generate clean renewable energy. We provide consulting, project management, design supply & installation, operation & maintenance service for residential, commercial, industrial and large scale solar farm projects.

We also provide solar leasing, private power purchase agreement (PPA) to qualified commercial and industrial corporates.

As a Energy Commission and SEDA registered company, we have experienced in-house SEDA GCPV Certified Engineers and Wireman. We provide quality products and services that comply to Malaysia and International Standards.

For more information about Maqo, please visit our website at www.maqosolar.com

or email admin@maqosolar.com or call +603-8069-1706

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