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, Sept 25 -- Serba Dinamik Holdings Bhd aims to reduce the company's dependency on oil and gas (O&G) revenue by an estimated 40-45 per cent by 2022.
KOTA KINABALU, Sept 22 -- The Malaysian Palm Oil Board (MPOB) has asked oil palm smallholders to register as members of Koperasi Penanam Sawit Mampan (KPSM) to benefit from its activities to boost their palm productivity and income.
KUALA LUMPUR, Sept 22 -- Tenaga Nasional Bhd (TNB) has successfully commenced operations of its second Large Scale Solar (LSS) project in Bukit Selambau, Kedah (LSS Bukit Selambau) on Sept 8, or 114 days ahead of schedule.
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