10/10/2019

KUALA LUMPUR, Oct 10 — Malaysia should increase its solar panel export as the country produces good quality solar panels, said Prime Minister Tun Dr Mahathir Mohamad.

He said Malaysia currently one of the biggest solar panel manufacturers and exporters that even supplies solar panels to the United States.

“Our solar panels are of very good quality. So we can increase the export of solar panels as we go along. This is the direction we have taken and we are committed to it,” he told reporters after launching the Petroliam Nasional Berhad (Petronas) first solar rooftop solution in the country known as M+ by PETRONAS.

The launch was held in conjunction with the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM), here, today.

Also present was Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.

M+ by PETRONAS is a customisable and affordable solar solution designed for both commercial and industrial use.

The affordability of M+ by PETRONAS is anchored upon its dynamic customer-centric business model with zero capital expenditure required from customers, tailored to meet customers’ needs and enables savings.

Petronas provides end-to-end delivery of the solar rooftop solution and hassle-free maintenance to ensure that customers need only pay for the tariff charges of their energy usage and are not exposed to any form of technical and financial risks.

Meanwhile, during the press conference, Yeo said Petronas’ innovation would further increase the beneficiaries of the government’s solar leasing policy.

“We do not give subsidies but we give innovation in terms of our policy framework so that the private sectors like Petronas and TNB and other solar leasing companies can invest, get a private financing to invest in it and to get returns (through this policy),” she said.

Source: BERNAMA