Ai Solar

What Ai Solar does

Ai Solar Sdn. Bhd., founded in 2018 and headquartered in Kuala Lumpur, is a Malaysian solar photovoltaic (PV) solutions provider operating exclusively in the domestic market. It serves two primary segments — residential property owners seeking to reduce TNB electricity bills, and commercial & industrial businesses with high daytime loads and large rooftop footprints — offering end-to-end services from free site assessment through system design, ATAP/TNB application handling, installation, and ongoing operation and maintenance. The company claims a portfolio exceeding 2,000 clean energy projects and reports completing over 200 projects in a recent one-year period.

Core technology consists of solar PV systems using high-performance Huawei inverters (featuring battery-ready design, smart energy distribution, and real-time monitoring through the Huawei FusionSolar mobile app), with warranty coverage up to 25 years. The company does not hold patents or proprietary technology; it positions itself as an integrator and full-service installer atop third-party hardware and software. Residential systems typically cost RM14,000-RM46,000 (approximately RM7/watt) while commercial installations are priced around RM2,400 per kWp.

Ai Solar's revenue model is dominated by one-time system sales and installation, supplemented by multi-year O&M service contracts and recurring-adjacent revenue from customer financing arrangements (credit card installments up to 60 months, bank loans up to 10 years with selected banks). The go-to-market motion is sales-led, combining direct field sales, inside sales via phone and WhatsApp, website lead generation with a savings calculator, and a referral program. The business is wholly owned by YGL Convergence Berhad, which provides corporate resources, and Ai Solar co-markets within a broader YGL ecosystem (including YGL ERP Systems) to deliver bundled offerings such as solar-plus-ERP for food-industry customers.

Name

Ai Solar

Legal name

Ai Solar Sdn. Bhd.

Website

https://aisolar.my

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Ai Solar is a Kuala Lumpur-based solar PV installer and integrator serving Malaysian residential and commercial customers, delivering Huawei inverter-based systems, ATAP/TNB application management, installation, and ongoing O&M under its parent YGL Convergence Berhad.

Ownership category

akta.pro rank

Product category

Solar Energy Installation Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

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

akta.pro secondary industries

Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)

Keywords

• Residential solar installation
• Commercial solar systems
• Rooftop solar PV
• Solar energy services
• Solar EPC services

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

Revenue model

1. Solar PV System Sales and Installation: One-time sale and installation of solar photovoltaic systems for residential and commercial properties. Includes panels, inverters, mounting systems, and monitoring equipment. Revenue is generated from the upfront cost of the solar system installation.
2. Financial Options: Ai Solar offers financing options including outright purchase, credit card installments (up to 60 months), and bank financing loans (up to 10 years). This extends accessibility to customers who cannot pay upfront.
3. Operation and Maintenance Services: Ongoing maintenance, monitoring and support services ensuring long-term performance and reliability of solar solutions

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Ai Solar designs, sells, and installs rooftop solar PV systems for residential and commercial/industrial customers in Malaysia under the ATAP 2026 renewable energy programme. The full-service offering covers site assessment, system design, ATAP and TNB application submission, professional installation of solar panels and Huawei inverters, system activation, and ongoing operation and maintenance with real-time monitoring. The company also facilitates customer financing through outright purchase, credit-card installments, and bank solar loans.

Product overview

Ai Solar is a solar energy solutions provider offering a comprehensive portfolio of products and services for residential and commercial customers in Malaysia. The core offerings include ATAP 2026 (Malaysia's latest rooftop solar programme), Residential Solar, and Commercial Solar solutions. The company provides end-to-end services from assessment and design through installation and ongoing maintenance, supported by Huawei inverters with smart monitoring capabilities. Financial options include outright purchase, credit card installments, and bank financing. Ai Solar also offers NEM (Net Energy Metering) advisory services and operates as a subsidiary of YGL Convergence Berhad.

Differentiator

Problem solved

Functional benefit

Products and services

• ATAP 2026 Rooftop Solar Programme Government-backed rooftop solar programme offering for Malaysian residential and commercial property owners; Ai Solar provides full-service participation from consultation through system activation under the ATAP 2026 framework, with limited quota and early application recommended.
• Residential Solar End-to-end residential rooftop solar PV solution for Malaysian homeowners seeking to reduce electricity bills (up to 90%) and carbon footprint; includes site assessment, system design, professional installation, and financial options (outright purchase, credit-card installments up to 60 months, and bank solar financing loans up to 10 years).
• Commercial Solar Customized commercial and industrial solar PV solution for Malaysian businesses with high daytime electricity usage and large rooftop space; includes expert consultation, site assessment, proposal, installation, ongoing maintenance and monitoring, warranty up to 25 years, and government incentive support (NEM, GITA, tax incentives). Pricing approximately RM2,400 per kWp installed.
• Net Energy Metering (NEM) Advisory Advisory service helping Malaysian customers navigate government solar incentive programmes including NEM Rakyat, NEM GoMEn, and NOVA, including net metering registration guidance.
• Solar Monitoring and Support Ongoing operation and maintenance service for installed solar PV systems, using the Huawei FusionSolar platform to enable real-time solar generation tracking via mobile app; includes a customer support ticketing system for issue resolution.

Quantifiable outcome

• Reduce electricity bills by up to 90%
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• HuaweicoreTechnology or IntegrationHuawei is the provider of high-performance inverters used in Ai Solar's solar systems. Huawei inverters are known for smart energy management, safety features, and future-ready battery compatibility. Ai Solar prominently features Huawei as their inverter partner.
• YGL Leading Food Manufacturing ERP SystemsminorStrategic or Co-development PartnerYGL ERP Systems partnered with AI Solar to provide a combined solution for POO Trading's food industry operations. YGL provides ERP systems for operational efficiency while AI Solar provides solar energy solutions, creating a synergistic effect for customer operations.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Maris Energy Sdn Bhd: Malaysian solar PV installer and IPP providing residential and commercial rooftop solar solutions, including battery storage and grid-tied systems. Comparable local EPC peer.
• Solarvest Holdings Berhad: Leading Malaysian solar PV system owner and turnkey EPC contractor serving residential, commercial, and industrial customers under NEM/ATAP programmes. Listed on Bursa Malaysia and one of Ai Solar's most direct competitors in the Malaysian rooftop solar EPC market.
• Plus Xnergy (formerly Plus Solar): Malaysian solar PV solutions provider offering residential and commercial rooftop installations with similar end-to-end service and financing options. Direct head-to-head competitor in Malaysian C&I solar EPC.
• Pekat Group Berhad: Malaysian solar EPC specialist targeting residential, commercial, and industrial segments with similar full-service installation and ATAP/NEM positioning. Comparable size and customer profile to Ai Solar.
• CLEANergy Renewables: Malaysian solar EPC company focused on residential and commercial rooftop installations, including battery-ready and hybrid systems. Operates in overlapping customer segments under similar government programme structures.
• Sunway Solar (Sunway Group): Malaysian conglomerate-affiliated solar EPC and renewable energy arm offering commercial and industrial rooftop installations. Directly comparable in scale and enterprise customer targeting.
• GSPARX (G Capital Berhad): Malaysian solar leasing/SaaS provider offering zero-upfront-cost rooftop solar to residential and SME customers. Competes on similar ATAP-era residential segment with subscription-based financing model.

Broad incumbents

• Sungrow: Global inverter manufacturer and turnkey solar solution provider with strong Southeast Asia presence. Competes with Huawei (Ai Solar's current inverter partner) for Malaysian EPC inverter supply, shaping Ai Solar's technology cost structure.
• Enphase Energy: Global microinverter and battery technology company. Ai Solar uses Huawei inverters but Enphase represents an alternative technology partner that competing Malaysian EPCs may adopt, signaling competitive supply choice.
• Gentari Sdn Bhd (Petronas): Malaysia-based clean energy arm of Petronas operating across solar generation, green hydrogen, and EV charging. While broader in scope, it competes for large Malaysian C&I rooftop solar projects and represents a well-capitalized incumbent.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php?id=100085861875049
• LinkedInlinkedin.com/company/aisolar
• Instagraminstagram.com/aisolar.my/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

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 Ai Solar