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Radar · Solar Energy in Malaysia

Best Solar Energy Companies in Malaysia

The 41 best Solar Energy companies in Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ERS Energy.

41companies tracked
$47.9Mdisclosed funding
0unicorns
6have raised
Sources & further reading
  • ResearchAndMarkets.com
  • MarketsandMarkets
FLIAR INTELLIGENCE · SOLAR ENERGY × MALAYSIA

Our analysis of 100 Solar Energy companies

$30.5b in tracked funding; 83% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

100companies analysed
83%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2013median founding year
458kcombined LinkedIn audience
64%of audience held by top 3
6companies hiring publicly (12 mo)

Ranked: Best Solar Energy companies in Malaysia

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1ERS Energy
Solar panel & products installation company
$46M44 mo agoSeries C—2009WordPressMySQLPHP+13—
2Okapi Solar
Provider of zero-capex installment plans for homeowners to install solar panels on their rooftops
$2M17 mo agoSeedChristopher Kwong
Co-Founder
2022WordPressMySQLPHP+19—
3Ray Go Solar
Manufacturer of solar panels
$331K94 mo agoPublic—2012DudaBootstrapReact+22—
4Yinson
Provider of services for oil & gas renewable energy and independent power producer
—29 mo agoPublicLim Weng
Founder
1983WordPressPleskApple iCloud Mail+26—
5Ditrolic Energy
Developer of utility scale solar projects
—31 mo agoSeed—2009Master SliderKentico CMSWindows Server+21—
6Suria Infiniti
Manufacturer of solar powered products
—66 mo agoSeries AMohd Ghan
Founder & CEO
2011——
7SOLS Energy
Solar installation company
—73 mo agoSeedRaj Ridvan Singh
Founder & CEO
2015Node.jsTailwind CSSReact+162 job openings · 1 internship · 1 launch
8at systematization
AT Systematization is a designer of industrial automation systems and machinery.
——PublicLee Choong
CEO & Managing Director
2004——

Top 7 Solar Energy companies in Malaysia

#1
Seed · Malaysia · founded 2022
$2Mraised
▾

Okapi Solar is a solar financing platform that provides zero-capex instalment plans for homeowners to install solar panels on their rooftops, partnering with trusted installers to offer exceptional solutions. The company aims to democratize solar energy across Southeast Asia, making it more accessible and affordable for residents. With a focus on sustainability, Okapi Solar empowers homeowners to adopt renewable energy sources, reducing their reliance on traditional fossil fuels.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 697 LinkedIn followers
Funding rounds
  • Mar 2025Conventional Debt$2M
  • Aug 2024Seed—
Founders & team
Christopher KwongCo-Founder
Investors
Aquila, Iterative
Tech stack
Alpine.JsBootstrapBunnyBunny FontsContact Form 7Google Analytics
#2
Series C · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2009 · 238 employees
$45.5Mraised
▾

Solar panel & products installation company

LinkedIn Pulse recent public activity · Jul 2026
Audience: 39k LinkedIn followers — 8.5% of this cohort's audience
Activity: 1 partnerships (incl. Microsoft Ministry of Energy Transition and Water Transformation (PETRA)) announced in 12 mo
Funding rounds
  • Dec 2022Series C$45.5M
Investors
Gamuda
Tech stack
Apache Http ServerBreakdanceDiviFacebook LoginFont AwesomeGoogle Analytics
#3
Public · Klang, Selangor · founded 2012 · 13 employees
$331.4Kraised
▾

Manufacturer of solar panels

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Oct 2018Seed$331.4K
Tech stack
Core-JsElementorGoogle AnalyticsGoogle Font ApiGoogle Tag ManagerHttp/3
#4
Public · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 1983 · 1592 employees
—raised
▾

Provider of services for oil & gas renewable energy and independent power producer

LinkedIn Pulse recent public activity · Jul 2026
Audience: 119k LinkedIn followers — 25.9% of this cohort's audience
Founders & team
Lim WengFounderEirik BarclayCEO
Tech stack
Apache Http ServerApple Icloud MailBootstrapCdnjsCloudflareCore-Js
#5
Seed · Johor Bahru, Johor · founded 2009 · 83 employees
—raised
▾

Developer of utility scale solar projects

LinkedIn Pulse recent public activity · Jul 2026
Audience: 39k LinkedIn followers — 8.6% of this cohort's audience
Funding rounds
  • Jan 2024Seed—
Investors
BlackRock
Tech stack
AmchartsApache Http ServerBootstrapCore-JsFancyboxGoogle Analytics
#6
Series A · Petaling Jaya, Selangor · founded 2011 · 19 employees
—raised
▾

Operator of a renewable energy company intended to specialize in project development, project financing, EPC and operation and maintenance solutions. The company helps residential and commercial customers reduce their energy consumption and environmental impact through alternative energy equipment, thereby enabling its clients to avail the energy for convenient in house installation of cleaner and greener source.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Hiring: 5 hiring posts in 12 mo (public) · momentum +1 · hiring: Digital Marketing Executive, Solar Finance Executive
Funding rounds
  • Mar 2021Series A—
Founders & team
Mohd GhanFounder & CEO
Investors
Uzma
Tech stack
WordpressMysqlPhpKadence Wp KadenceUikitWpforms
#7
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2015 · 69 employees
—raised
▾

Solar installation company

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Technical Director, Senior Sales Manager
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jul 2020Seed—
Founders & team
Raj Ridvan SinghFounder & CEO
Investors
PETRONAS, 500 Durians
Tech stack
CloudflareCloudflare Bot ManagementCore-JsFacebook PixelGoogle AnalyticsGoogle Workspace

Funding & investor landscape

$47.9Mtotal disclosed funding
3companies funded
3disclosed rounds
0rounds last 90 days
Most active investors
500 Durians1 rounds
Aquila1 rounds
BlackRock1 rounds
GLOBAL ACCELERATION ACADEMY1 rounds
Gamuda1 rounds
Iterative1 rounds
Jakel Development1 rounds
Malaysia Debt Ventures1 rounds
PETRONAS1 rounds
Uzma1 rounds

Notable founders

Christopher Kwong
Co-Founder · Okapi Solar
Lim Weng
Founder · Yinson
Eirik Barclay
CEO · Yinson
Mohd Ghan
Founder & CEO · Suria Infiniti
Raj Ridvan Singh
Founder & CEO · SOLS Energy
Prism market signals · Malaysia · country-scoped Prism corpus, 396,201 docs

Market landscape — 10 sub-themes by coverage

Share of Solar Energy coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Malaysia

How research on Solar Photovoltaics is moving in Malaysia

A read on the academic research around Solar Photovoltaics — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,241 Malaysia-affiliated papers.

research sentiment over time
202020242026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 59% → 64% across 2020–2026.
top research entities
  • National University of Malaysia190
  • Universiti Teknologi MARA138
  • Ministry of Education96
  • University of Technology Malaysia94
  • Universiti Tenaga Nasional83
leading researchers
Kamaruzzaman Sopian · Adnan Ibrahim · Mohd Zamir Pakhuruddin · Boon Kar Yap · Puvaneswaran Chelvanathan · Camellia Doroody · Kazi Sajedur Rahman · Mohammad Aminul Islam
▲ Breakthroughs202 · 16%
▲ 0%→16% share
0 median citations97% since 2021mostly methods-led
Breakthroughs are rising (0%→16% of field), led by Photovoltaic system.
rising sub-themes (early→recent)
  • Photovoltaic system65
  • Solar energy49
  • Renewable energy41
  • Perovskite (structure)30
  • Solar cell27
Newly emergingPhotovoltaic system 0→65 · Solar energy 0→49 · Renewable energy 0→41
Landmark All-inorganic cesium lead iodide perovskite solar cells with stabilized efficiency beyond 15% · 488 cites
◆ Advancements817 · 66%
▲ 0%→67% share
1 median citations98% since 2021mostly empirical
Advancements are rising (0%→67% of field), led by Photovoltaic system.
rising sub-themes (early→recent)
  • Photovoltaic system1→337
  • Solar energy3→249
  • Renewable energy1→162
  • Solar cell1→145
  • Perovskite (structure)1→68
Newly emergingOptoelectronics 0→72 · Thermal 0→59 · Solar irradiance 0→33
Landmark Hydrogen from solar energy, a clean energy carrier from a sustainable source of energy · 625 cites
▼ Concerns131 · 11%
▲ 0%→10% share
1 median citations95% since 2021mostly empirical
Concerns are rising (0%→10% of field), led by Solar energy.
rising sub-themes (early→recent)
  • Solar energy1→65
  • Photovoltaic system2→65
  • Fossil fuel1→6
  • Nanotechnology2→7
  • Perovskite (structure)1→6
Newly emergingRenewable energy 0→53 · Solar cell 0→12 · Electricity 0→11
Landmark Machine learning: Accelerating materials development for energy storage and conversion · 355 cites
RESEARCH HOTSPOTS · Malaysia

Where solar pv is researched across Malaysia

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Bangi190 · +0.47
Hot · Open-circuit voltageAdvancing · Mass flow rateOpportunity · Renewable energyConcern · Software deployment
Kuala Lumpur164 · +0.52
Hot · Solar energyAdvancing · Solar poweredOpportunity · Photovoltaic systemConcern · Renewable energy
Shah Alam151 · +0.50
Hot · CoatingAdvancing · Solar cell efficiencyOpportunity · Photovoltaic systemConcern · Scale (ratio)
Johor Bahru98 · +0.45
Hot · Concentrated solar powerAdvancing · Visible spectrumOpportunity · Photovoltaic systemConcern · Solar energy
Malacca87 · +0.49
Hot · Thin filmAdvancing · ZincOpportunity · Perovskite (structure)Concern · Renewable energy
George Town81 · +0.47
Hot · SiliconAdvancing · WaferOpportunity · Photovoltaic systemConcern · Solar energy
Putrajaya74 · +0.45
Hot · Electricity generationAdvancing · Nuclear engineeringOpportunity · Solar cellConcern · Renewable energy
Petaling Jaya70 · +0.36
Hot · Nanofluids in solar collectorsAdvancing · NanofluidOpportunity · Solar energyConcern · Exergy
Seri Kembangan44 · +0.43
Hot · Wind powerAdvancing · ZincOpportunity · Perovskite (structure)Concern · Photovoltaic system
Kota Bharu26 · +0.46
Hot · Absorption (acoustics)Advancing · Dye-sensitized solar cellOpportunity · Photovoltaic system

Common questions

How many Solar Energy companies are there in Malaysia?
Radar tracks 41 indexable Solar Energy companies headquartered in Malaysia that meet our profile-completeness bar.
What is the total funding raised by Solar Energy companies in Malaysia?
The Solar Energy companies in Malaysia on this list have raised a combined $47.9M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Solar Energy company in Malaysia?
ERS Energy is the highest-funded Solar Energy company in Malaysia, with $45.5M in disclosed equity funding.
How many Solar Energy companies in Malaysia are funded?
3 of the 41 Solar Energy companies in Malaysia on this list have disclosed at least one equity funding round.
How many Solar Energy unicorns are there in Malaysia?
None of the Solar Energy companies in Malaysia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Malaysia Solar Energy companies?
The most active investors in Malaysia Solar Energy companies on this list include 500 Durians, Aquila, BlackRock, GLOBAL ACCELERATION ACADEMY, Gamuda.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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