JASIN, Jan 6 -- The government, via the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC), aims to raise its net energy metering (NEM) programme output to 300 megawatts (MW) this year.
MESTECC Minister Yeo Bee Yin said last year, the Sustainable Energy Development Authority Malaysia (SEDA) approved 102MW under the NEM programme, adding that the 300MW target can be achieved through the new NEM policy implemented last year.
"Under the new NEM policy, we are using a 'one-on-one' offset basis, whereby if the energy generated is purchased at 50 sen, it is sold at 50 sen, and this worthwhile investment saw a high take up rate which led to generation of 102MW in clean energy last year.
"This is 3.7 times more than what was achieved between 2016-2018, which was only 27.8MW,” she told a press conference after launching the Rooftop Solar PV System project by the Xinyi Group in Lipa Kajang here today.
Also present were Melaka Housing, Local Government, Environment and Green Technology exco Datuk Tey Kok Kiew, SEDA chief executive officer Dr Sanjayan Velautham and Xinyi Malaysia managing director Datuk Liu Xiao Rong.
Under the NEM programme, energy produced by the solar photovoltaic (PV) system is first utilised and any excess can be sold to Tenaga Nasional Bhd (TNB).
The programme is an initiative by MESTECC to boost renewable energy (RE) use in Malaysia.
Yeo said Xinyi Group's RM60 million Rooftop Solar PV System project is the country's largest NEM project, capable of generating 31MW when it is completed.
However, the minister noted that more effort is needed to boost RE in Malaysia, as the 300MW target is relatively small compared to consumers' daily power demand of 18 gigawatts (GW).
"The electrical grid is capable of supplying 24GW so we can meet the demand.
"But if we look at the solar power potential from the technical aspects, we have about four million buildings which can be equipped with solar PV panels, which would be capable of producing 37GW, and this can be achieved by increasing green technology awareness,” she said.
Meanwhile, in his welcoming speech, Liu said the Rooftop Solar PV System will provide RM15.9 million of savings annually for the company in terms of electricity cost and reducing carbon discharge by 39,649 tonnes annually.
"We have finished phase one of the project involving 12MW and phase two (7MW), and we are currently building phase three (12MW)," he said.
KUALA LUMPUR, March 28 -- Bank Pembangunan Malaysia Bhd (BPMB) will provide all relevant support to its customers facing difficulties including granting a moratorium on repayments/payments of loans/financings for a period of six months.
KUALA LUMPUR, March 27 – Tenaga Nasional Berhad (TNB) has pledged RM150 million to support the government’s announcement of a tiered electricity rebate to assist affected Malaysians following the extension of the Movement Control Order (MCO) period until April 14.
KUALA LUMPUR, March 26 -- Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah has expressed confidence on the preparedness of Tenaga Nasional Bhd (TNB) in revving up its capacity to meet electricity supply demand in the Peninsula during the Movement Control Order (MCO).
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