Verdant Solar Offers Cost-effective Home Solar Power

Verdant Solar currently serves more than a thousand homes in Malaysia as their residential solar energy provider, and they intend to make Malay

Verdant Solar Offers Cost-effective Home Solar Power
Verdant Solar in the Malaysian Book of Records - Pix Provided

Verdant Solar, recognised as one of the largest residential solar providers, has for mission to make the world greener and a better place to live with its sustainable solar power solutions.

It offers cost-effective and accessible solar power to Malaysian homes.

In the past year alone from January 2022 until December 2022, Verdant Solar has helped over 649 landed properties and home owners in Malaysia reduce their electricity bills by up to 90 percent by installing solar power systems.

“As utility prices across the country continue to rise, we want to be a pioneer in making solar power more accessible and affordable to residential homeowners," says Zeth Lim, Chief Executive Officer of Verdant Solar.

The company has also been named the nation's Most Solar Provider System Home Installations in a Year by the Malaysia Book of Records.

"With this achievement in the Malaysian Book of Records, we hope to further the transition of the Malaysian energy industry away from traditional fossil fuels and towards a more sustainable future, which has been our goal from the very beginning,” says Zeth Lim.

Solar Solutions

With rising electricity tariffs in Malaysia, consumers began to shift to solar solutions, as the increase is inevitable due to global shortages of oil, gas and coal. Since 2013, the company has installed more than 10.09MWp, equating to RM171.5 million in electricity bill savings for customers and 209,792 tonnes of carbon dioxide (CO2) avoided over the next 25 years.

As of the year 2022, Verdant Solar's solar solution in Malaysia has saved over an annual of RM 6.9 million on electricity costs.

Verdant Solar anticipates that the total solar PV installed capacity in Malaysia will reach up to 3,322MWp by 2023, thereby achieving their objective of making the world a better place through renewable energy.

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Fitch also expects services to continue to be boosted by resilient domestic demand, contained inflation and the recovery in tourism-related sectors from the re-opening of China.