Government Introduces SolaRIS Incentive Scheme to Encourage Residential Solar PV Installation

Putrajaya, March 27, 2024 – The Malaysian government, through the Ministry of Energy Transition and Water Transformation (PETRA), has unveiled the Solar for Rakyat Incentive Scheme (SolaRIS) aimed at incentivizing the installation of solar photovoltaic (PV) systems among domestic users. Deputy Prime Minister Datuk Seri Fadillah Yusof, also serving as the Minister of Energy Transition and Water Transformation (PETRA), emphasized that the SolaRIS program seeks to promote the adoption of solar PV systems under the Net Energy Metering (NEM) initiative. He underscored the installation of solar PV systems on residential premises as a “quick win” in the government’s drive towards