Why is Sarawak a good place to install solar panels?

Sarawak’s ample solar potential is due to its close proximity to the equator. On average, a 1kW solar panel can generate about 1 MWh of energy per year. To compensate for reduced sunlight during cloudy or rainy days, the installed battery can sustain the daily load for up to two days.

Who is Sarawak Energy?

Sarawak Energy was entrusted as the implementing agency, focusing on the construction and installation of standalone solar energy systems in villages located in the most remote and inaccessible areas.

What is Malaysia's largest floating solar farm?

Set to become the largest floating solar farm in Malaysia and the first major hybrid generation facility combining hydro and solar, the 50MW capacity facility is estimated to offset 52 kilotonnes of emissions annually, significantly contributing to the decarbonisation of Sarawak’s power system.

Why is Sarawak investing in solar energy?

Sarawak is progressively diversifying its energy mix, emphasizing sustainability and renewable sources. The region is investing in solar energy as a pivotal component of its strategy to reduce carbon emissions and harness its abundant natural resources responsibly.

How did Sarawak Energy get its funding?

Funding for these projects has been secured through a mixture of internally generated funds and a successful RM3.5 billion issuance under Sarawak Energy’s RM15 billion Sukuk programme. Sarawak Energy has also received an AAA credit rating from RAM Rating Services Berhad.

What is NEM scheme in Sarawak?

For example, if a residential consumer has a PV system on the rooftop, it may generate more electricity than the home uses during daylight hours. Rolling out of NEM scheme in Sarawak is to promote the use of renewable energy and the conservation of non-renewable energy at the consumer level.