Solarvest Holdings Bhd has positioned itself among Malaysia’s leading clean energy players by unveiling a comprehensive white paper on its Artificial Intelligence (AI)-powered Battery Energy Storage System (BESS), in support of the government’s agenda to accelerate the development of next-generation energy technologies.
The white paper outlines how the BESS solution enables commercial and residential users to optimise electricity consumption, reduce dependence on the grid during peak periods and improve supply reliability.
The transition to Tenaga Nasional Bhd’s (TNB) Regulatory Period 4 (RP4) tariff has seen Maximum Demand (MD) charges surge significantly, rising to RM97.06/kW from RM37.00/kW under RP3 – a 162 per cent increase. This translates into an additional RM60,000 in monthly charges for every 1,000 kW used during peak hours.
Solarvest said its BESS functions as a buffer against these spikes by storing electricity during off-peak periods and discharging it when demand is high.
A recent Malaysian case study demonstrated that the system can reduce MD by up to 65 per cent, enabling users to achieve a return on investment within approximately three years.
For households, the combination of solar photovoltaic (PV) systems and BESS under the Solar ATAP programme offers greater benefits. By storing surplus solar energy generated in the daytime for night-time use, homeowners can lower their monthly electricity bills and lessen exposure to future tariff adjustments.
Key benefits of Solarvest’s BESS include lower energy costs, improved operational continuity during grid disruptions, flexible financing through the company’s ‘Zero CAPEX’ model, and enhanced integration with renewable energy sources.
Solarvest Executive Director and Group Chief Executive Officer, Datuk Davis Chong Chun Shiong, said that efficiency and sustainability have become essential considerations for both businesses and households.
“Our BESS gives users greater control over their energy usage, reduces overall costs and strengthens power reliability. With our Zero CAPEX model, organisations can adopt the technology without upfront investment, paying only a service fee that is lower than the savings generated,” he said.
He added that the white paper provides practical strategies for enhancing electricity cost management while supporting Malaysia’s journey toward its carbon-neutrality target by 2050.
According to Solarvest, the BESS forms part of a broader energy management framework that combines smart energy storage, AI-driven monitoring and customised service plans for business and residential users.
-NIAGATIMES
