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Malaysia
An Analysis of Malaysia’s solar market performance
Malaysia, one of the fastest-growing economies in South East Asia, is ranked 12th in the ease of doing business index. Has this elevated ranking had an impact on the country’s overall solar market performance? Well, Malaysia’s installed solar capacity stood at approximately 996 Megawatts at the end of 2020. This capacity is relatively low vis-à-vis the country’s actual solar production and supply potential.
However, studies show that Malaysia’s solar market is likely to grow fourfold due to increasing investor interest. So, it is safe to say the ease of doing business in Malaysia is beneficial to its solar market. Actually, a report by Fitch Solutions, a leading solar sector research organization, predicts that the country’s solar capacity is most likely to increase by 4 Gigawatts in the next ten years. This means that there are vast prospects for solar installers or professionals interested in the Malaysian solar market.
Malaysia’s capacity to supply solar equipment to solar installers and professionals
Any solar installer or professional can attest that accessing quality and affordable solar equipment is the key to any project’s success. This is why we must look at Malaysia’s solar equipment production and distribution capacity. Does the country have any solar equipment producers and distributors? Well, the response to this query is yes.
There are several producers and distributors of different solar equipment categories in Malaysia’s nascent solar market. You can also choose to export any solar equipment that may not be locally available. The country boasts of eight government-administered ports through which we can deliver various solar equipment to you.
It is also essential to remember that there is no shortage of logistical support infrastructure in Malaysia. So, you don’t have to bother yourself concerning how to safely transport your equipment from the port to the project site. The sole thing you need to do is visit our inquiry page and request a quote for the equipment you need.
Lead-acid Battery used for below projects in Malaysia
No Projects Found