Malaysia’s Decade Of Sun: The Recharged Rise Of Solar Energy

Mention “solar malaysia” in conversation today, and you’ll likely hear stories of tech advancements, falling prices, and neighborhood rooftops glittering with new panels. A decade ago, conversations around solar energy were reserved mostly for engineers and the odd environmental activist—now, everyone from city dwellers to rural entrepreneurs is looking up and seeing potential in the sun.

The spark really ignited in 2011 when the government rolled out the Feed-in Tariff (FiT) scheme, offering a guaranteed rate for renewable energy produced.

This was a game-changer. Suddenly, investors and homeowners alike had a compelling reason to venture into solar. The numbers tell their own story: in 2012, Malaysia had less than 50 MW of installed solar PV capacity. Fast forward to 2023, and the country reported well over 1,900 MW—a jaw-dropping leap.

This wasn’t just big business at play. Community projects started popping up, especially in places where reliable electricity was as rare as a unicorn sighting. Rural schools and remote islands found that solar panels were their ticket to 24/7 power, no more chasing after noisy generators or crossing fingers for grid connection. Even urban homeowners started installing solar PV, nudged by incentives that softened the upfront blow.

Policy also saw twists and turns. The move from FiT to the Net Energy Metering (NEM) framework in 2016 shook things up. Now, households selling excess power back to the grid enjoyed better returns. For those sitting on the fence, the math suddenly made more sense. It’s a bit like finding out your grocery bill drops every time you bake cookies for the neighbors—why wouldn’t you bake more?

Businesses jumped on board, too. Industrial rooftops traded paint for panels, and factories began flirting with solar farms. The Large Scale Solar (LSS) program funneled investments into mega projects, often stretching over hundreds of acres. By 2020, LSS had drawn billions of ringgit in funding, lighting the path for bigger dreams.

Costs, once sky-high, plummeted. Between 2010 and 2020, solar panel prices dropped by roughly 80%. That’s not just a discount; it’s practically a clearance sale. Manufacturing advances, global supply chains growing thick as jungle vines, and competition all fueled this plunge.

Looking around today, it’s hard to miss the change. Modern Malaysian skylines are increasingly studded with panels. Schools, malls, and factories are harnessing sunlight, shaving costs, and slashing emissions. A sunny outlook, literally reflected on rooftops all over the country. Who knew a decade could dial up so much sunshine?