Solar panel companies in Malaysia refer to businesses involved in the manufacturing, distribution, installation, and maintenance of solar energy systems. These companies play a significant role in advancing the country’s renewable energy agenda, particularly within the solar sector. Their activities cover residential rooftop installations, commercial and industrial systems, and large-scale solar farms. The Malaysian government actively supports the industry through initiatives such as the Feed-in Tariff (FiT) and Net Energy Metering (NEM) schemes, which provide financial incentives and grid access for solar producers.
Key player in the sector include Solarvest Holdings, Cypark Resources . Solarvest is known for deploying over 1.2 GWp of solar capacity across various segments. Cypark Resources manages large-scale solar parks including landfill-based and floating systems. International firms such as Scatec Solar are involved in utility-scale projects under long-term power purchase agreements (PPAs). Malaysia serves as a regional manufacturing hub for global photovoltaic brands like First Solar, JinkoSolar, and JA Solar.
Solar Panel Company
What Are The List of Solar Panel Companies in Malaysia?
Solar panel companies in Malaysia can be categorised into two segments: those serving business-to-business (B2B) clients and those focusing on residential (B2C) installations. These companies contribute to Malaysia’s clean energy goals with services such as system design, engineering, installation, maintenance, and grid connection. Below is a categorised table for both B2B and B2C:
| Segment | Company Name | Description |
|---|---|---|
| Residential | SOLS Energy | Residential rooftop solar systems backed by Petronas |
| Residential | Verdant Solar | Residential-focused provider with nationwide home installations |
| Residential | Green Age Solar | Specializes in home PV, LED lighting, and smart integration |
| Residential | Solar Sentinel | Provider of solar PV systems for homes and small businesses |
| Residential | United Solar Energy | Residential packages with optional battery storage |
| Residential | Ditrolic Energy | Offers solar systems to both homes and commercial clients |
| Business | ERS Energy | Commercial solar EPC and solar-as-a-service provider |
| Business | GSPARX | Subsidiary of TNB offering commercial solar solutions |
| Business | Plus Xnergy | Provides tailored solar energy systems for commercial clients |
| Business | Pathgreen Energy | Solar solutions for SMEs and industrial buildings |
| Business | ITRAMAS | Involved in large-scale solar (LSS) and commercial projects |
| Business | Progressture Solar | Commercial solar energy solutions for factories and businesses |
| Business | Engie Malaysia | Global energy firm offering industrial-scale solar in Malaysia |
| Both | TS Solartech | Malaysia’s largest local solar panel manufacturer; supports all segments |
| Both | Malaysian Solar Resources | Module manufacturing and project development for both business and homes |
| Both | Solarvest | Integrated solar company handling EPC for both residential and business |
| Both | Cypark Resources | Large-scale solar farms and integrated renewable projects |
| Both | Scatec Malaysia | Utility-scale solar developer with international expertise |
| Both | First Solar | Global PV manufacturer with operations and clients in Malaysia |
| Both | JA Solar | Global manufacturer with factory presence in Malaysia |
| Both | Trina Solar | International brand supplying panels for all types of Malaysian projects |
| Both | JinkoSolar | Operates a large factory in Malaysia serving multiple segments |
| Both | Panasonic Malaysia | Supplies solar panels for both home and commercial markets |
| Both | Q-Cells Malaysia | Manufactures solar cells and modules for global and domestic use |
| Both | AUO Solar | Taiwanese solar company with Malaysian operations |
Who Are the Leading Solar Panel Companies in Malaysia?
Malaysia’s solar panel industry includes international manufacturers, local panel producers, business EPC (Engineering, Procurement, Construction) providers, and residential solar installers. The country is also a global leader in photovoltaic (PV) manufacturing, ranking third worldwide in production capacity. Below is a categorized table of the leading solar panel companies in Malaysia:
| Segment | Company | Description |
|---|---|---|
| Manufacturers | JA Solar | Operates a 400 MW solar cell facility in Penang |
| JinkoSolar | Runs a 500 MW cell and 450 MW module factory in Penang | |
| First Solar | U.S.-based thin-film PV manufacturer with plant in Kulim | |
| Panasonic Energy Malaysia | Produces 300 MW solar panels in Kulim | |
| Q-Cells (Hanwha) | Manufactures 1,100 MW of cells and 800 MW of modules in Cyberjaya | |
| SunPower | Operates a 1,400 MW high-efficiency cell plant in Malacca | |
| TS Solartech | Malaysia’s largest local solar panel producer | |
| Canadian Solar, AUO Solar | Global brands with production presence in Malaysia | |
| Business / Utility | Solarvest Holdings Berhad | Leading EPC provider with projects like IKEA’s 10 MW solar plant |
| Cypark Resources | Manages large-scale projects like the 100 MW hybrid park in Terengganu | |
| Scatec Solar | International IPP developing utility-scale solar plants in Malaysia | |
| TNB Engineering Corporation | EPC arm of national utility involved in solar grid projects | |
| Plus Xnergy | Focuses on commercial and industrial rooftop systems | |
| GSPARX (by TNB) | Offers zero-upfront-cost solar for businesses and government | |
| ERS Energy, ITRAMAS, Progressture, PathGreen, Next Energy | Top local EPC and solution providers | |
| Residential | SOLS Energy | Residential installer backed by Petronas |
| Verdant Solar | Home solar specialist with over 600 installations | |
| Green Age Solar, Solar Sentinel, Ditrolic Energy, United Solar Energy | Active providers for homes and small businesses |
What Are The Differences Between Solar Company and Solar Panel Company?
The terms solar company and solar panel company are often used interchangeably, but they have distinct focuses within the solar energy industry. A solar company is a broad term that refers to any business involved in the solar energy ecosystem, including project developers, system integrators, EPC (Engineering, Procurement, Construction) firms, financing providers, and technology developers.
A solar panel company specifically refers to businesses that manufacture, distribute, or install solar panels. While all solar panel companies are solar companies, not all solar companies deal directly with solar panels. Here is a table outlining the key differences:
| Feature | Solar Company | Solar Panel Company |
|---|---|---|
| Scope | Broad – includes development, EPC, financing, and more | Narrow – focuses on solar panel products and services |
| Activities | Project development, energy storage, grid integration | Manufacturing, distribution, installation, maintenance |
| Involvement in Panels | May or may not directly handle solar panels | Always directly involved with solar panels |
| Example Roles | EPC contractor, investor, O&M provider | Panel installer, manufacturer, supplier |
| Industry Coverage | Utility-scale, commercial, residential, R&D | Mainly residential and commercial installations |
| Examples (generalized) | Renewable energy developers, solar financiers | Solar panel producers, rooftop installers |
How Do Solar Panel Companies Operate in Malaysia?
Solar panel companies in Malaysia function across three primary areas manufacturing, distribution, and installation. Manufacturers like First Solar and JinkoSolar produce photovoltaic (PV) panels, while distributors such as Solarvest supply these panels to residential and commercial clients. Installation firms, including local contractors, handle system setup and grid integration.
These companies collaborate with regulatory bodies like the Sustainable Energy Development Authority (SEDA) and Tenaga Nasional Berhad (TNB) to ensure compliance with energy policies. For instance, Scatec Malaysia works with SEDA to develop utility-scale solar plants, while smaller installers focus on rooftop solar projects for homes and businesses.
What Policies Support Solar Panel Companies in Malaysia?
Malaysia’s renewable energy policies play a critical role in shaping the solar industry. The Feed-in Tariff (FiT) program, introduced in 2011, incentivizes solar energy producers by guaranteeing fixed payments for electricity fed into the grid. Under this scheme, SEDA approved over 1,000 MW of solar projects between 2011 and 2020.
Another key policy is the Net Energy Metering (NEM) program, which allows solar system owners to offset their electricity bills by exporting excess power to the grid. TNB reported that NEM installations reached 500 MW by 2023, with commercial buildings accounting for 60% of the capacity.
What Are the Challenges Faced by Solar Panel Companies in Malaysia?
Despite growth, solar panel companies encounter obstacles such as high upfront costs and regulatory delays. The average installation cost for a residential solar system ranges from RM20,000 to RM50,000, limiting accessibility for some consumers.
Grid capacity constraints also pose challenges. TNB occasionally faces limitations in absorbing excess solar energy, particularly in rural areas with underdeveloped infrastructure. Additionally, competition from cheaper imported panels, primarily from China, pressures local manufacturers to reduce prices.
How Does Solar Panel Technology Impact the Industry in Malaysia?
Advancements in solar technology drive efficiency and affordability. Monocrystalline panels, with efficiencies exceeding 20%, dominate the premium market, while polycrystalline panels remain popular for budget-conscious projects. Companies like JinkoSolar and Trina Solar supply high-efficiency panels to Malaysian installers.
Energy storage solutions, such as Tesla Powerwall and LG Chem batteries, are gaining traction. These systems store excess solar energy for nighttime use, reducing reliance on the grid. Solarvest reported a 30% increase in battery-integrated installations in 2023.
What Is the Future of Solar Panel Companies in Malaysia?
The Malaysian solar industry is poised for expansion, with a target of 31% renewable energy capacity by 2025. The government’s Green Technology Master Plan outlines strategies to attract RM100 billion in investments by 2030, focusing on solar and other clean energy sources.
Emerging trends include floating solar farms and bifacial panels, which capture sunlight on both sides. Cypark Resources is exploring floating solar projects, while Scatec Malaysia tests bifacial technology in its latest installations.
For professionals seeking opportunities in this growing sector, Majikan.my provides job listings and career resources in Malaysia’s renewable energy industry. Employers can also use the platform to connect with skilled talent for solar projects.