SOLS Energy

What SOLS Energy does

SOLS Energy Sdn Bhd is a Malaysia-based solar energy provider specializing in rooftop photovoltaic (PV) installations for residential customers and small-to-medium enterprises, with a parallel off-grid solar program serving indigenous Orang Asli and Orang Asal communities. Founded in 2017 and headquartered in Kuala Lumpur as a subsidiary of SOLS 24/7 Group, the company is strategically backed by Petronas and 500 Startups. Per company disclosures as of Q2 2026, SOLS Energy reports 8,941 total installations, 4,055+ residential systems, 34.3 MW of deployed solar capacity, RM28.8 million in annual customer electricity-bill savings, and 4,886+ off-grid indigenous homes powered across 179 villages—claims that position it as Malaysia's largest home solar installer by household count.

The core product portfolio consists of Green Homes (residential solar), Green Business (commercial solar with zero upfront cost), ChargeSingh (EV chargers), and Green Impact (off-grid pico solar for indigenous communities). Systems are built on industry-standard components (Huawei and Fronius inverters, solar panels, optional battery storage, and EV chargers) paired with 24/7 proactive performance monitoring. The Home Solar Subscription at RM0.46/kWh over a 20-year term with an 8-year lock-in is the company's anchor product, removing upfront cost barriers for customers with monthly TNB bills of RM350 or above. SOLS Energy is a SEDA-registered installer under the Solar ATAP program and handles end-to-end NEM (Net Energy Metering) applications through SEDA Malaysia and TNB on behalf of customers. The SOLS Solar Academy, a 6-12 month apprenticeship program, has produced 870+ graduates—56% of the 210+ workforce—drawn from B40 and Indigenous communities.

Revenue is generated through one-time installation sales and a long-duration subscription book, with go-to-market combining inside sales (HubSpot CRM, Respond.io, WhatsApp outreach), field sales engineers for on-site consultations, AEON Mall retail presence, and bank-financing partnerships (notably BSN MyRinggit-i). The customer base is anchored by 4,055+ residential households forming a fragmented long-tail individual-buyer base, with a smaller enterprise roster that includes Top Glove, The Body Shop Malaysia, A. & H. Meyer, Sama Maju Marine, and MYSAMH.

Name

SOLS Energy

Legal name

SOLS Energy Sdn Bhd

Website

https://solsenergy.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

SOLS Energy is a Kuala Lumpur-based solar energy provider installing residential and commercial photovoltaic systems across Malaysia, with a parallel off-grid program for indigenous Orang Asli communities. It combines one-time installation sales with a Home Solar Subscription model and EV charger offerings.

Ownership category

akta.pro rank

Product category

Residential and Commercial Solar PV Installation Services

NAICS

Solar Electric Power Generation (221114), Consumer Electronics and Appliances Rental (53221)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

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

akta.pro secondary industries

Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Distributed & Commercial Renewable O&M (Rooftop Solar, C&I Wind, Small Hydro) (EUAMAGAB), Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH)

Keywords

• Residential solar installation
• Commercial solar PV
• Solar subscription financing
• EV charger installation
• Net energy metering

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Solar PV System Sales and Installation: One-time sale and installation of solar PV systems (residential and commercial). Customers can purchase outright or finance through bank solar loans. Revenue recognized at point of installation.
2. Home Solar Subscription (Zero-Risk Solar Subscription): Recurring subscription model where customers pay a monthly fee (locked-in tariff of RM0.46/kWh) for 20 years with an 8-year lock-in period. No upfront cost required. Includes 20-year monitoring and maintenance. Targets homeowners with average monthly bills above RM350.
3. Commercial Solar Installation: Zero upfront cost commercial solar installations with savings of up to 75% on TNB bills for business customers. Revenue generated through system ownership and service agreements.
4. EV Charger Sales and Installation: Sale and installation of EV chargers (ChargeSingh brand) for homes, businesses, and commercial properties. Offered as standalone product or bundled with solar installations (free EV charger promotion on qualifying solar installs).

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

SOLS Energy designs, sells, and installs rooftop solar PV systems for Malaysian homeowners and commercial businesses, offered through direct purchase or a zero-upfront monthly subscription model. The company bundles end-to-end NEM application handling, SEDA registration, and 20-year proactive monitoring, and pairs every residential install with a one-for-one pico solar system for off-grid Orang Asli households.

Product overview

SOLS Energy offers a portfolio of solar energy solutions centered on residential and commercial rooftop solar PV installations, complemented by EV charging infrastructure and workforce development programs. The core offering comprises Green Homes (residential solar) and Green Business (commercial solar) as the primary revenue streams, supported by the Home Solar Subscription financing model that eliminates upfront costs. Add-on products include ChargeSingh EV chargers and NEM program handling. Community impact is delivered through Green Impact (off-grid solar for indigenous communities) and SOLS Solar Academy (workforce training). The various Green sub-brands (Green Heroes, Green Professionals) segment the customer base by financing needs and usage patterns, while the subscription model ties all offerings together as the preferred payment mechanism for residential customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Green Homes (Residential Solar PV Installation) End-to-end residential rooftop solar PV system sales and installation service for Malaysian homeowners, including consultation, NEM application handling, SEDA registration, system installation, and 20-year proactive monitoring. Available via direct purchase or zero-upfront subscription.
• Green Business (Commercial Solar PV Installation) Commercial rooftop solar PV installation service for Malaysian SMEs, factories, and enterprises with a zero-upfront-cost option, enabling up to 75% savings on TNB electricity bills. Includes system design, installation, regulatory handling, and ongoing service agreements.
• Home Solar Subscription (Zero-Risk Solar Subscription) Recurring subscription product allowing Malaysian homeowners to install solar with no upfront cost by paying a monthly fee at a locked-in RM0.46/kWh tariff over a 20-year term (8-year lock-in). Includes 20-year monitoring and maintenance. Requires average monthly TNB bill of RM350 or more.
• ChargeSingh EV Chargers Sale and installation of electric vehicle (EV) chargers for Malaysian homes, businesses, and commercial properties under the ChargeSingh brand. Available as a standalone product or bundled with qualifying solar installations (e.g., free EV charger on 10kW+ solar installs).
• Green Impact (Community Off-Grid Solar) Provision of off-grid pico solar systems to Orang Asli and Orang Asal indigenous communities without electricity access, operated on a one-for-one Power to Empower model in which every residential solar installation sponsors one off-grid home. Targets 285,000 off-grid households.
• Green Professionals (Professional Financing Programme) Solar installation financing programme for employed professionals and property owners offering zero upfront cost and lowest interest rates in Malaysia, delivered within the Home Solar Subscription ecosystem.
• Green Heroes (Referral Programme) Referral-based programme for Malaysian homeowners with electricity bills below RM200/month who cannot economically install solar directly, enabling them to participate in green energy transition through referrals and community sharing models.

Quantifiable outcome

• Up to 90% reduction in monthly electricity bills for residential customers
• +6 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• MGTC (Malaysian Green Technology and Climate Change Centre)coreStrategic or Co-development Partner · 4 December 2023Strategic partnership with MGTC under the Malaysian Green Workforce Training Program. Collaboration targets recruitment of top talent from B40 and Orang Asli/Asal communities for the Solar Academy; MGTC to secure scholarship partners; MGTC provides educational resources for skill development including energy efficiency audit expertise.
• AllianzminorOthers · 1 January 2019Allianz Malaysia served as sponsor for the MYSAMH (Selangor & Federal Territory Association for the Mentally Handicapped) 7 kW solar installation and the Wisma Harapan (SAMH) solar project.
• Embassy of Germany, Kuala LumpurminorOthers · 1 January 2019Embassy of Germany served as sponsor for multiple CSR solar installations including Persatuan Kanak-Kanak Istimewa (PKKI) in Hulu Langat and Free Tree Society projects.
• PPG (PPG Industries)minorOthers · 1 January 2018PPG served as project donor funding off-grid solar installations in Orang Asli villages (Kampung Perawas, Kelantan; Kampung Labu, Pahang; Gua Musang, Kelantan). Each village received 2.65 kW off-grid solar systems.
• Free Tree SocietyminorOthers · 1 January 2018Free Tree Society received a 2 kW solar installation with Fronius Primo inverter and WIFI online monitoring, sponsored by the Embassy of Germany.
• SEDA MalaysiacoreOthersSustainable Energy Development Authority (SEDA) Malaysia is the regulatory body overseeing the NEM (Net Energy Metering) program. SOLS Energy processes NEM applications through SEDA on behalf of customers and qualifies for government incentives including SolaRIS rebates.
• TNB (Tenaga Nasional Berhad)coreOthersTNB is Malaysia's national electricity utility. SOLS Energy processes NEM applications, meter changes, and bill verification through TNB. The company's services are specifically designed around TNB tariff structures and the myTNB portal integration.

Scale indicators11 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Plus Solar Systems: Malaysian residential and commercial solar PV installer offering rooftop solar, inverters, and battery solutions. Closest direct peer in the Malaysian market with overlapping product offering (Green Homes equivalent), target customer base (homeowners and SMEs), and SEDA-registered installer status.
• ERS Energy: Malaysian solar EPC contractor serving residential, commercial, and industrial customers across Malaysia. Directly comparable in business model (solar EPCC + installation services), geography, and customer segments — competing head-to-head for landed-property and SME contracts.
• Samaiden Group: Malaysian solar EPCC specialist listed on Bursa Malaysia. Provides engineering, procurement, construction, and commissioning services for solar PV plants, with comparable customer base and operational footprint in Malaysia. Publicly listed peer with overlapping residential, commercial, and industrial installation focus.
• Cleantech Solar: Singapore-headquartered solar PPA provider operating across Southeast Asia, including Malaysia. Closely comparable subscription/PPA business model with zero-upfront solar for commercial and industrial customers — same financing structure SOLS replicates at the residential level.
• Sun King (Greenlight Planet): Global pay-as-you-go off-grid solar provider serving emerging markets with distributed pico solar systems and PAYG financing. Directly comparable on the off-grid Orang Asli/Orang Asal side of SOLS's business — similar impact model, last-mile distribution, and bottom-of-pyramid customer focus.

Broad incumbents

• Engie (Sunseap): Global energy major with significant Southeast Asian solar presence through its Sunseap subsidiary. Operates distributed and utility-scale solar across SEA, including Malaysia. Broader incumbent with overlapping capability in distributed solar generation but serving customers as part of a wider energy portfolio.
• SunPower: Global residential and commercial solar PV manufacturer and installer. Comparable in residential rooftop installation focus and customer profile, but operating at much larger scale and as part of a broader international solar equipment and services platform rather than a Malaysia-focused pure play.
• Tata Power Solar: Indian residential, commercial, and utility-scale solar EPC. Comparable in dual residential + C&I installation focus and in serving a high-growth Asian residential solar market, but with much larger scale, broader portfolio, and stronger balance sheet from Tata Group backing.
• Trina Solar: Global solar module manufacturer with downstream distributed generation initiatives. Comparable in solar PV value chain participation but positioned upstream as a component supplier; broader incumbent offering overlapping capability at module, system, and project levels.

Regional players

• Cypark Resources: Malaysian renewable energy developer with solar, biogas, and waste-to-energy operations. Comparable in Malaysian geography and renewable energy focus, but with primary concentration in utility-scale and landfill gas rather than residential rooftop installation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@solsenergy6104
• TikToktiktok.com/@solsenergy
• Xx.com/solstech

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors2 records

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 SOLS Energy