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The Concept of NEM 3.0 Programme
Net Energy Metering (NEM) 3.0 is a government program aimed at facilitating the installation of solar photovoltaic (PV) systems on rooftops in Malaysia. It enables users to access solar energy and reduce their reliance on traditional electricity sources. The program offers a greener and more efficient energy management system, resulting in reduced electricity bills for participants.
NEM 3.0 consists of three key initiatives: Program NEM Rakyat, Program NEM GoMEn, and Program NOVA. These initiatives cater to different types of applicants and have distinct objectives within the overall program framework.
1 Programmer NEM Rakyat
Under the NEM Rakyat Programme, Domestic Consumer(s) who has a solar PV installation on the roof-top of their premises will consume the energy produced first, and any excess will be exported to the TNB grid. The credit to be received for such excess energy will be used to offset part of the electricity bill on a “one-on-one” offset basis for a period of ten (10) years of operation.
2 Programme NEM GoMEn
The concept of NEM GoMEn is that the energy produced from the solar PV installation on Government premises will be consumed first, and any excess will be exported to the TNB grid. The credit to be received for such excess energy will be used to offset part of the electricity bill on a “one-on-one” offset basis for a period of ten (10) years of operation.
3 Programme Net Offset Virtual Aggregation (NOVA)
This programme is designed to facilitate the adoption of solar energy among commercial and industrial consumers in Malaysia. Eligibility for this program is limited to account holders in the commercial and industrial sectors, including individuals, companies, and organizations. The program was launched on 1st April 2021 and will run until 31st December 2023, offering a quota of 300 MW for solar PV installations.
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Rakyat | GoMEn | NOVA | |
| Quota Allocation | 100 MW | 100 MW | 100 MW |
| Mechanism (Roll-over) | 1:1 (12 Months) | 1:1 (12 Months) | Average SMP (1 Months) |
| Offer Period | until 31 Dec 2023 | until 31 Dec 2023 | until 31 Dec 2023 |
| Offset Rate | Prevailing Gazetted Energy Rate | Prevailing Gazetted Energy Rate | Average System Marginal Price (SMP) |
| Offset Period | 10 Years | 10 Years | 10 Years |
| Condition after 10 years | Self-Consumption | Self-Consumption | Self-Consumption |
| Capacity limit | Single Phase : 4kWac Three Phase : 10kWac | 1MWac | Nett offset : 1MWac Nettoffset + Virtual aggregation : 5MWac |
| Eligibilty | TNB registered consumer under domestic tariff | Government agencies under commercial tariff | Non-domestic account holder |
In summary, it is highly encouraged for residents, government bodies, and organizations to actively engage in NEM 3.0 as it presents a significant opportunity to reduce operating costs and contribute to environmental conservation. It is advisable to take action promptly to secure participation before the allocated quota is filled.
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Going ESG with Ai Solar
The Concept
of ESG in Malaysia
Environmental, Social, and Governance (ESG) refers to a set of criteria used to assess the sustainability and ethical impact of an investment, business, or organization. It is a framework that evaluates the environmental, social, and governance practices and performance of companies or entities.
Environmental
This aspect focuses on the company's impact on the environment, including its carbon emissions, energy consumption, waste management, pollution control, resource conservation, and environmental stewardship.
Social
Social factors assess a company's stakeholder relationships, including employees, customers, communities, and suppliers. It considers diversity, labor practices, human rights, community engagement, product safety, and customer satisfaction.
Governance
Governance factors encompass decision-making and accountability systems within an organization. It includes board structure, executive compensation, shareholder rights, transparency, anti-corruption policies, and business ethics.
Tax Incentive For Green Initiatives
The Malaysian Government is committed to promoting the adoption of green technology and offers attractive tax incentives for the purchase of green technology equipment and the use of green technology services.
By providing tax incentives, the government aims to stimulate the growth of the renewable energy market, particularly benefiting small and medium enterprises. These incentives are designed to attract investors and industry players to invest in Renewable Energy and contribute to the country's sustainable development goals.
GITA for Green Assets
For Owners of Green Technology Assets
GITA on Green Projects
For Companies That Undertake
Green Technology Projects
Green Technology Projects
How Does Industrial Solar System Works
The Key Benefits You Need to Know
Experience a clean, renewable, and sustainable energy solution that not only benefits your wallet but also contributes to a greener and more sustainable future for generations to come. Discover the countless advantages of solar energy and join the movement towards a brighter, cleaner, and more efficient world.
01.
Significant electricity bill savings
With lower electricity bills, businesses can allocate more resources to other important aspects of their operations, leading to improved financial stability.
02.
Good Return
On Investment (ROI)
Significantly reducing or eliminating electricity bills, resulting in long-term cost savings.
03.
Tax Incentives
by Government
By taking advantage of incentives, businesses can accelerate their return on investment and make the transition to solar power more affordable and financially attractive.
04.
Environmental, Social, and Governance (ESG)
Transitioning to renewable energy shows businesses' commitment to reducing carbon emissions, minimizing environmental impact and aligning with ESG goals, displaying corporate responsibility.
How Net Metering Works
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