KUALA LUMPUR: Malaysia’s first Securities Commission-regulated solar fund, Gagasan Solar, will be raising a total of RM200mil to ensure that small and medium enterprises (SMEs) would have greater accessibility to solar energy.

       Managing partner, Joshep Lee said for the business community, solar energy presents an opportunity to lower their overall electricity expenses, and the surplus can be allocated to more capital-efficient avenues.

       “From an environmental perspective, solar energy offers an immediate and direct positive impact by lowering carbon emissions.

       “Technological advancements and innovations waits for no one and it is crucial that Malaysia accelerates its efforts to expand the adoption of solar energy so that it becomes accessible nationwide,” he said in a statement yesterday. — Bernama