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in my opinion, solar panel biznes in Malaysia has difficulty to progress, it depend most on govt project and policy, if govt did push greenery energy idea, the private sector is like dead water without wave.
contruction of solar panel need big area, investment capital is huge, and there is energy policy between TNB and private sector, i think TNB is the big beneficial than private solar company.
with all due respect, solar biz is easy to progress in Msia. Gomen has to comply to the paris agreement whether they like it or not. Let alone gomen has targeted to meet higher than required quota by 2025. But that also a problem, it is just toooooooo easy hence the IRR has dropped to low single digit. The good old day of high double digit IRR is just gone.