OpenSys' buySolar platform targets 10 service providers, partners

KUALA LUMPUR, Nov 2  -- OpenSys (M) Berhad aims to register 10 service providers, banking and insurance partners for its online solar energy platform, buySolar by December 2020.

OpenSys Technologies Sdn Bhd chief operating officer Luke Sebastian said expanding the industry player base further simplifies the process for consumers, as it promotes choice and customisation to adopt solar solutions and financing options that enables every user to harness solar energy.

“We hope to make buySolar the leading dedicated online marketplace for solar panel and solar-related services in Malaysia and we are heartened to play a role in catalysing the nation’s goal of achieving 20 per cent renewable energy target by 2025,” he said in a statement.

He said OpenSys’s target for buySolar is to be a leading end-to-end marketplace for solar installation services, from online application, procurement and financing to online monitoring maintenance and after-sales services.

To this end, the company has signed a collaborative agreement with EPCC provider Solarvest Energy Sdn Bhd, a subsidiary of Solarvest Holdings Berhad to design its solar system as per customers’ premises, apply for necessary licences, procure products, construct, test and commission the solar panels.

Given that the government had in the previous budget extended tax incentives for solar energy utilisation to 2023, Luke hopes that something similar would be implemented in the next, to encourage household adoption of solar panels.

On the company’s wishlist for Budget 2021, he said more incentives should be introduced to entice individual households to adopt renewable energy as a source of power.

“This is not only to protect the environment, but also promote a sustainable and long-lasting alternative method to produce energy going forward.

“Furthermore, homeowners that utilise solar panels are also able to reduce the cost of electricity with the solar panels potentially saving 54 per cent to 85 per cent depending on the energy used and size of the rooftop,” he added.




    Other News

KPower proposes 1-to-4 share split and free warrants

KUALA LUMPUR, Nov 13 -- Kumpulan Powernet Bhd (KPower) has proposed a one-to-four share split together with an issue of up to 150.8 million free warrants on the basis of one warrant for every three ordinary shares held following the share split exercise.

SESB to undergo revamp to improve electricity supply in Sabah - Bung Moktar

KOTA KINABALU, Nov 13  -- Sabah Electricity Sdn Bhd (SESB), which manages electricity supply in Sabah, will undergo a major restructuring to ensure it is competitive and able to provide the best services to the people.

Serba Dinamik, UNIMY to collaborate on TVET programmes

KUALA LUMPUR, Nov 9  -- Serba Dinamik Group Bhd and University Malaysia of Computer Science and Engineering (UNIMY) will work together to conduct technical training, share technology and expertise, and run certification programmes recognised by technical and vocational education and training (TVET) institutions in Terengganu.

    Main Sponsor


© 2020 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.

Best viewed in Firefox 58.0.1 (64-bit) & Chrome Version 63.0.3239.132 (Official Build) (64-bit) with 1920 x 1080 resolution

Contact us :
General [ +603-2693 9933, ]
Product/Service Enquiries [ +603-2050 4466, ]