SCENARIO FOR SOLAR INSTALLATION IN MALAYSIA
In 2022, Malaysia's solar energy capacity reached 1.93 thousand megawatts, a slight increase from the previous year's figure of 1.78 thousand megawatts. For the past decade, the country's capacity for solar energy has experienced a steady incline, commencing at 139 megawatts in 2013. The surge in solar capacity is attributable to industries' participation in the NEM campaign and subsequent installation of solar panels. However, the profitability of this initiative remains to be determined for these industries, as it necessitates a long-term obligation of 21 to 25 years with the solar panel installer. As of August 2023, 1492.12MW of installed capacity had been in operation from the four cycles of the LSS programme. A further 949.09MW of solar PV capacity has been awarded under the programme but has yet to be operational.
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