Malaysia’s Sustainable Energy Development Authority (Seda) has started accepting applications to allocate another 500 MW of rooftop PV for the Net Energy Metering 3.0 program (NEM 3.0). …
The NEM 3.0 program will be in force until the end of 2023. The 500 MW of rooftop PV will be assigned through three different sub-schemes- the NEM Rakyat program for residential systems, which will allocate 100 MW and grant a net metering tariff over a 10-year period; the NEM GoMEn regime for government ministries and public entities, through which another 100 MW will be assigned under the same conditions as the NEM Rakyat; and the 300 MW NEM Nova scheme, or Net Offset Virtual Aggregation, which will enable commercial and industrial PV system owners to sell excess power to the grid at market price or system marginal price (SMP). The new scheme replaced the NEM 2.0 program that was introduced in January 2019 and expired at the end of 2020. The 500MW quota under the NEM 2.0 scheme was fully subscribed by the end of December