Progressture Solar

What Progressture Solar does

Progressture Solar (operating as Progressture Power Sdn Bhd) is a Malaysian private solar EPCC company founded in 2013 and headquartered in Kuala Lumpur. The company delivers end-to-end solar photovoltaic (PV), Battery Energy Storage System (BESS), and Energy Management System (EMS) solutions across four segments: large-scale/utility solar, commercial & industrial rooftop, residential, and corporate renewable energy procurement. Its integrated value chain spans engineering, procurement, construction, commissioning, and long-term operations & maintenance, and the company owns and operates solar assets under Power Purchase Agreements on client premises. Reported scale includes 800+ completed and ongoing clean energy projects, 131,400 MWh of annual clean energy generation, and 99,600 tonnes of annual carbon emissions prevented.

The company monetizes through a mix of project-based EPCC revenue, recurring PPA/Zero Capex contracts (e.g., a 10-year Solar ATAP tenor), subscription O&M services, transaction-based Renewable Energy Certificate sales, outcome-based Energy Performance Contracting, and professional services for government scheme facilitation (Solar ATAP, NEM, SELCO, CGPP, SARE, CRESS). Pricing ranges from RM14,000–RM46,000 for residential systems to RM1,800–RM2,200 per kWp for commercial and industrial installations. It serves a broad customer base anchored by enterprise logos including Petron Malaysia (100 service stations), Shell Malaysia (600+ stations, up to 20 MWp), KLK Oleo, Mapei, and Senheng, and operates a five-office national footprint (Kuala Lumpur, Penang, Johor, Kuching, Kota Kinabalu) with cross-border expansion into Brunei.

Name

Progressture Solar

Legal name

Progressture Power Sdn Bhd

Website

https://progressturesolar.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

Progressture Solar is a Malaysian private solar EPCC company delivering end-to-end solar PV, battery storage, and energy management solutions for residential, commercial, industrial, and utility-scale clients, with anchor customers including Petron Malaysia, Shell Malaysia, and Senheng.

Ownership category

akta.pro rank

Product category

Solar Energy Engineering, Procurement, Construction and Commissioning (EPCC) Services

NAICS

Solar Electric Power Generation (221114)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industry

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

Keywords

• Commercial solar EPCC
• Industrial rooftop solar
• Battery energy storage
• Power purchase agreement
• Renewable energy certificates

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Solar EPCC (Engineering, Procurement, Construction, Commissioning): One-time revenue from design, supply, installation, and commissioning of solar PV systems. Progressture Solar acts as the EPCC contractor, delivering solar installations for commercial, industrial, and utility-scale projects. Revenue is project-based with contracts ranging from residential (~RM14,000–RM46,000) to large commercial/industrial (RM1.8 million+ for 1 MWp) and utility-scale (12 MWp Brunei project).
2. Power Purchase Agreement (PPA) / Zero Capex: Progressture Solar owns, manages, and maintains solar assets on client premises under long-term PPAs. Clients pay for electricity generated at agreed rates with no upfront capital expenditure. This model generates recurring revenue over contract terms (e.g., 10-year Solar ATAP contract period) and aligns with the Petron Malaysia partnership where Progressture Solar owns and operates systems at 100 Petron stations.
3. Operations & Maintenance (O&M): Ongoing maintenance and monitoring services for installed solar PV systems. Progressture Solar provides annual cleaning, inspection, and performance monitoring to ensure optimal system uptime. Long-term O&M contracts provide recurring service revenue and deepen client relationships.
4. Renewable Energy Certificates (RECs): Progressture Solar enables companies to instantly reduce Scope 2 emissions by purchasing RECs without installing renewable energy facilities. One REC represents 1 MWh of renewable energy generated, which can be sold and traded to support sustainability goals.
5. Energy Performance Contracting (EPC): Zero Capex mechanism for energy efficiency upgrades in buildings and manufacturing production lines. Progressture Solar invests in upgrades and is reimbursed through achieved energy savings, aligning incentives between the company and client.
6. Solar ATAP / SARE / CGPP Facilitation: Facilitation and consulting services for government renewable energy schemes including Solar ATAP, Supply Agreement of Renewable Energy (SARE), and Corporate Green Power Programme (CGPP). Progressture Solar guides clients through application processes, system design, and regulatory compliance under these programmes.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Progressture Solar is a Malaysian solar EPCC (Engineering, Procurement, Construction, Commissioning) company that designs, finances, installs, and operates solar photovoltaic systems and Battery Energy Storage Systems (BESS) integrated with Energy Management Systems (EMS) for residential, commercial, industrial, and utility-scale customers. The company offers flexible ownership models including Power Purchase Agreements (Zero Capex) and outright purchase, supported by long-term Operations & Maintenance and facilitation of Malaysian government solar schemes (Solar ATAP, NEM, SELCO, CGPP, SARE, CRESS).

Product overview

Progressture Solar is a Malaysian renewable energy EPCC company offering a comprehensive portfolio of clean energy solutions across residential, commercial, industrial, and utility-scale segments. The core offering includes Large Scale Solar (EPCC for utility solar farms), Industrial & Commercial Rooftop Solar, and Residential Solar systems, all supported by Battery Energy Storage Systems (BESS) and Operations & Maintenance services. Customers can adopt solar through flexible ownership models including Power Purchase Agreements (PPAs) and outright purchase with financing assistance. The company guides customers through Malaysia's government solar schemes including Solar ATAP (replacing NEM from January 2026), SELCO, CGPP (Virtual PPA), SARE, and CRESS, while also offering Sustainability Consulting & Advisory and Energy Efficiency Management services including Energy Performance Contracting (EPC).

Differentiator

Problem solved

Functional benefit

Products and services

• Large Scale Solar End-to-end Engineering, Procurement, Construction, Commissioning (EPCC) and Operations & Maintenance services for utility-scale solar farm projects, including site feasibility, system design, and grid integration for developers, investors, and large industrial operators.
• Industrial & Commercial Rooftop Solar Turnkey rooftop solar PV solutions for factories, warehouses, malls, offices, and commercial buildings, including system design, installation, financing structuring, and maintenance available under Power Purchase Agreements (Zero Capex) or outright purchase models.
• Residential Solar Rooftop solar PV systems for landed-property homeowners (terrace, semi-detached, bungalow) to reduce TNB electricity bills, available via Solar ATAP, Net Energy Metering (NEM), and Self-Consumption (SELCO) schemes with financing options including 0% instalment plans.
• Battery Energy Storage Systems (BESS) Standalone and integrated battery energy storage solutions enabling maximum demand peak shaving, power expansion support, peak load management, and reduced grid dependency for commercial, industrial, and residential customers.
• Renewable Energy Certificates (RECs) Market-based instruments enabling companies to instantly reduce Scope 2 emissions, support renewable energy production, and meet sustainability goals by purchasing RECs representing 1 MWh of renewable energy generation each.
• Operation & Maintenance (O&M) Standalone long-term Operations & Maintenance service covering annual solar panel cleaning, inspection, performance monitoring, and all-risk insurance to ensure optimal system uptime and durability for installed solar PV assets.
• Power Purchase Agreement (PPA) / Zero Capex Solar Zero Capex ownership model under which Progressture Solar finances the entire PV system and clients pay for electricity generated at agreed PPA rates over long-term contracts (e.g., 10-year Solar ATAP), eliminating upfront capital expenditure while delivering cost savings.
• Sustainability Consulting & Advisory Tailored advisory service helping organizations understand renewable energy opportunities, set sustainability targets, develop decarbonization roadmaps, and manage renewable energy developments to deliver on ESG goals.
• Energy Efficiency Management (Energy Performance Contracting) Energy Performance Contracting (EPC) service offering zero-CAPEX efficiency upgrades for industrial and commercial buildings and manufacturing production lines, with reimbursement from achieved energy savings, aligning incentives between the company and the client.
• Corporate Green Power Programme (CGPP) / Virtual PPA Facilitation Facilitation service for the Corporate Green Power Programme (CGPP) Virtual Power Purchase Agreement framework, enabling corporate consumers to purchase solar energy directly from solar developers without physical ownership or management of installations, supporting sustainability goals without operational burden.

Quantifiable outcome

• Save up to 85% on monthly electricity bills
• +6 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• Petron Malaysia Refining & MarketingcoreStrategic or Co-development Partner · 22 January 2026Progressture Solar entered a strategic long-term partnership with Petron Malaysia to equip 100 of its service stations nationwide with solar photovoltaic systems. Progressture Solar owns, manages, and maintains the solar assets under a PPA arrangement. The initiative is projected to generate up to 3,321 MWh of renewable energy annually and cut up to 2,517 tonnes of carbon emissions annually, with cumulative emissions reductions exceeding 62,925 tonnes over the project's lifecycle. The partnership supports Petron Malaysia's sustainability roadmap and Malaysia's Net-Zero 2050 ambitions.
• Senheng Electric (KL) Sdn. Bhd.coreChannel Partner/ Reseller/ Distributor · 7 October 2025Progressture Solar partnered with Senheng, Malaysia's leading consumer electronics retailer, to expand solar and BESS offerings into East Malaysia through 20 Senheng and senQ outlets in Sabah and Sarawak. Homeowners can access residential solar and battery energy storage systems (BESS) with flexible 0% interest financing up to 60 months, 10% S-Coin Cashback, insurance coverage up to RM30,000, and free standard installation. Packages start from RM24,500. The collaboration supports Sarawak's vision of becoming a clean energy powerhouse and addresses frequent power supply challenges in Sabah and Sarawak.
• Shell MalaysiacoreStrategic or Co-development PartnerProgressture Solar is Shell Malaysia's clean energy partner for installing up to 20 MWp of solar capacity on the roofs of more than 600 Shell retail stations across Peninsular Malaysia, Sabah, and Sarawak. The solar installation is expected to generate up to 25,550 MWh of clean energy every year, enough to power up to 7,392 households. This is a flagship commercial solar partnership in Malaysia's downstream energy sector.
• World's Most Established Insurance ProviderssupportingOthersProgressture Solar provides all-risk insurance underwritten by the world's most established insurance providers, giving clients peace of mind during their renewable energy transition. This insurance offering is part of Progressture Solar's value proposition to ensure long-term reliability and risk mitigation for solar PV system owners.
• Trina Solar and Other Global Solar BrandssupportingTechnology or IntegrationProgressture Solar works with globally recognised solar brands including Trina Solar to ensure the durability and reliability of every project component — from solar panels and inverters to wires and bolts. The company uses advanced modelling and visualisation tools and selects only the highest quality solar products for client projects.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Regional players

• SPCG Public Company Limited: SPCG is a Thailand-listed solar power developer and EPCC contractor operating utility-scale and rooftop solar farms across Southeast Asia. Comparable to Progressture in EPCC execution and PPA/asset ownership model, though primarily Thailand-focused rather than Malaysia-focused.
• Constant Energy Co., Ltd. Constant Energy is a Southeast Asia-focused solar EPCC and renewable energy developer with projects across Thailand, Vietnam, Cambodia, and Indonesia. It is comparable to Progressture's regional ambitions (e.g., the Brunei 12 MWp project) as a peer expanding Malaysian/regional solar EPCC capability across ASEAN.

Direct peers

• Plus Xnergy Holdings Sdn Bhd: Plus Xnergy is a Malaysian solar EPCC and clean energy solutions provider serving commercial, industrial, and residential customers with solar PV, BESS, and energy management offerings. It competes directly with Progressture Solar in Malaysia's C&I rooftop segment and similar PPA/ownership financing models.
• ERS Energy Sdn Bhd: ERS Energy is a Malaysian solar EPCC contractor specializing in rooftop solar, large-scale solar farms, and BESS for industrial and commercial clients. It is a direct competitor in Malaysian solar EPC with comparable customer base and integrated solar-plus-storage offerings.
• Cenergi SEA Berhad: Cenergi SEA is a Malaysian clean energy company focused on renewable energy project development, EPCC, and operations across solar, biogas, and biomass. It is comparable to Progressture in serving Malaysian C&I and utility customers with end-to-end clean energy project capabilities.
• Ditrolic Energy Holdings Sdn Bhd: Ditrolic Energy is a Malaysian-based solar EPCC and renewable energy developer with operations across commercial, industrial, and utility-scale solar projects. It is a comparable Malaysian peer offering end-to-end solar installation and PPA financing with regional Southeast Asia ambitions similar to Progressture.
• Solarvest Holdings Berhad: Solarvest is a Bursa Malaysia-listed solar PV EPCC company offering turnkey rooftop, commercial, industrial, and utility-scale solar solutions across Malaysia. It is the closest directly comparable public peer to Progressture Solar in terms of EPCC service offering, customer segments (C&I and residential), and PPA/Zero-Capex models.

Others

• Sungrow Power Supply Co., Ltd. Sungrow is a global leading solar inverter and BESS supplier whose products Progressture and similar Malaysian EPC players integrate into their solutions. It is a key enabling technology vendor/supplier for the Malaysian solar EPCC market rather than a direct competitor.

Broad incumbents

• Engie Solar (formerly Sunseap): Engie Solar (incorporating Sunseap) is a major Southeast Asia distributed solar and clean energy provider operating across Singapore, Malaysia, Thailand, and Vietnam. As a broad incumbent, it offers overlapping EPCC, PPA, and REC capabilities to C&I customers in markets where Progressture operates or may expand.
• Sunway Future Sdn Bhd (Sunway Renewables): Sunway Renewables is the clean energy arm of Sunway Group, a large Malaysian conglomerate, offering solar PV and BESS solutions to corporate clients. As a broad incumbent, it competes in similar segments as Progressture but with deeper balance sheet support and broader portfolio offerings beyond solar.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Progressture Solar