Malaysia could produce 1.4 times more power when all the roofs in Peninsular Malaysia are mounted with solar panels, in comparison with the traditional electrical power generation of fossil fuel burning.
Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin stated there are certainly over 4.12 million buildings with solar rooftop potential in the peninsula.
In case every one of these architectural structures are fitted with solar photovoltaic (PV) systems, it actually can produce a whopping 34,194 megawatt (MW) of electricity at any one time, she said.
On the other hand, the present overall electricity generation in Malaysia is approximately 24,000 MW at any one time.
At present, solely 2% of Malaysia’s electricity is generated by renewable energy sources, as the nation’s energy generation continues to be highly depending upon limited fossil fuel resources including oil, coal or natural gas.
Yeo stated the NEM offers people who go with solar energy lower tariffs, tax incentives, solar leasing programmes, and reduced electricity bills through the one-on-one offset, where every 1kWh exported to the grid will be offset against 1kWh utilized from the power grid.
Yeo explained the Ministry has allocated a 2019 NEM quota of 500 MW, with 450 MW allocated for commercial and industrial buildings, as well as the remaining 50 MW for residential buildings.