BayWa r.e. opens solar distribution business in Malaysia
The Gebeng solar park in Malaysia. Image by: BayWa re renewable energy GmbH.
German renewables company BayWa r.e announced on Wednesday that it has brought its solar distribution business to Malaysia.
After opening one-stop solar equipment shops in other markets of the APAC region, BayWa r.e. will now offer top-tier PV modules, mounting systems, energy storage solutions and monitoring management systems to customers in Malaysia, it said.
“Our goal is to reach homeowners and companies in every corner of Malaysia, to reduce their energy bills and encourage the public to explore a carbon-free energy solution,” commented Niranpal Singh, Managing Director at BayWa r.e. Malaysia.
BayWa r.e., as a renewables developer, came to Malaysia in 2016 and found success in the country’s solar power tenders a year later. The firm decided to open its solar distribution business there after the Malaysian Investment Development Authority (MIDA) announced in 2021 its plans to raise the share of renewables in installed capacity to 31% in 2025 and 40% in 2035, BayWa r.e. added.
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