Malaysia’s SolaRIS Initiative: Driving Residential Solar Adoption

2024-04-22

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In a bid to promote renewable energy adoption, Malaysia’s Ministry of Energy and Natural Resources has launched the People’s Solar Incentive Scheme (SolaRIS). This initiative aims to encourage residential solar installations nationwide, empowering Malaysian citizens to embrace sustainable energy solutions.

Bajo SolaRIS, los malayos elegibles, incluidos los titulares de cuentas con Tenaga Nasional Berhad (TNB) y los solicitantes por primera vez del proyecto Net Energy Metering (NEM), pueden recibir subsidios en efectivo que van desde RM1.000 a RM4.000 por kilovatio de corriente alterna (kWAC). Estos subsidios ayudan a compensar los costos iniciales de instalación solar y aumentar la accesibilidad a la energía renovable para los propietarios.

SolaRIS plays a crucial role in advancing Malaysia’s renewable energy goals, targeting a 70% renewable energy generation capacity by 2050. The initiative supports the country’s commitment to reducing carbon emissions and promoting sustainability in the energy sector.

The application period for SolaRIS subsidies opened on April 1, 2024, and will run until December 31, 2024, or until the allocated 350MW subsidy quota is reached. Applicants must have operational solar systems by March 31, 2025, and meet PETRA’s eligibility criteria.

Deputy Prime Minister Datuk Seri Fadillah Yusof, PETRA’s Chairperson, stresses the significance of SolaRIS in steering Malaysia’s energy transition and achieving carbon neutrality. The initiative underscores the government’s dedication to sustainable development, paving the way for a greener, more resilient energy future.

Apart from SolaRIS, Malaysia is progressing on legislation concerning the feed-in tariffs for renewable energy. The country’s comprehensive renewable energy strategy aims to promote investments and innovations, positioning Malaysia as a leader in sustainable development.

A medida que Malasia avanza con su agenda de energía renovable, el programa SolaRIS se erige como una iniciativa fundamental para promover la adopción de la energía solar entre los consumidores residenciales; impulsar el desarrollo energético sostenible; y fomentar un futuro más verde para la nación.