KUALA LUMPUR, Malaysia, June 26th, 2019 – Weathering a harsh and competitive Malaysian solar market with its innovative solar business model, disciplined cost management and best practices has won Ditrolic Solar the Malaysian Solar Power Company of the Year 2019.
Beating multiple local solar companies with its robust growth and overseas expansion, Frost and Sullivan had recognised Ditrolic Sdn. Bhd. as the winner of this year’s award for the second consecutive year.
Solar market in Malaysia has been heating up for the past year since the introduction of new solar policies under the new Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC), Yeo Bee Yin. These new policies include Net Energy Metering (NEM), Supply Agreement for Renewable Energy (SARE) and Large-Scale Solar (LSS) Round 3. In response to these new business opportunities, large corporations such as Petronas, Tenaga Nasional Berhad, Malakoff, Sunway have announced their industry participation.
With 97MW capacity from 30 projects developed and owned to date, Ditrolic Solar is the largest solar developer company in Malaysia by numbers of project as well the largest commercial rooftop solar company locally, serving more than 100 companies. The company’s projects include supplying solar electricity for shopping malls in Philippines, industrial factories in Malaysia as well providing clean energy for 7 airports in Southeast Asia.
“We’re delighted to win this award for the 2nd year in a row and this year is extra special as the solar competition heats up in the country and it is also our company’s 10th anniversary year. Today, Ditrolic Solar is not just a solar company selling solar panel but had transformed into a clean energy company and we look towards serving more customers in the future.” said Tham, CEO of Ditrolic Solar Group.
About Ditrolic Solar Group
Ditrolic Solar is one of the pioneer solar company in the South East Asia region. It is an integrated downstream solar company where it is involved in project development, design & construction and Independent Power Production (IPP). It serves customer in three business segments; small power solution, commercial power solution and power plant solution.
Ditrolic Solar is a known regional solar company which have undertaken projects in Singapore, Indonesia, Philippines and Bangladesh. It has developed, designed and built 140MW of project to date.
About Frost & Sullivan
Frost & Sullivan is a global consulting and Growth Partnership Company. It works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, Frost & Sullivan have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.