What is
Powervest?
Powervest, an innovative solar financing programme, offers a wide range of flexible financial models tailored to fit your company’s budget and financial position. This programme encompasses two competitive financial models namely Powerflex and Powerlease, strategically designed for commercial and industrial companies with different financing needs, while maximising the returns on renewable energy (RE) investment.
In line with our mission to make clean energy more reliable, affordable and accessible, businesses can effortlessly transition to clean energy with Powervest.
Financing Models
Powerflex Lite
- No upfront cost
- Up to 7 years payment tenure
- Free up to 7 years O&M
- You own the asset upon completion of your payment terms
Powerflex Hybrid
- No upfront cost
- Up to 12 years payment tenure
- Free up to 12 years O&M
- You co-own the asset with Solarvest
Powerlease
- Zero investment
- Up to 25 years leasing contract
- Free up to 25 years O&M
- You own the asset upon completion of leasing period
REC Mechanism
Unable to identify source of electricity
RE generated is mixed into the grid alongside the energy generated from non-renewable sources. The consumers are unable to identify whether their source of electricity is generated from renewable sources.
Option to choose green energy by purchasing RECs
By purchasing RECs, the consumers are able to verify and claim that they are being powered by RE. RECs provide the consumers an option to choose their generation source to support their sustainability goals and commitments.
Choose Your Plan
Outright Purchase
- 3-4 years ROI
- Required upfront cost
- Free 3* years O&M
*Terms & Conditions Apply.
Explore a flexible financing model that suits your business needs. Schedule a free consultation with Solarvest representative.
Who We Serve?
Assess Your Financial
Fitness
Gain a comprehensive understanding of your corporate
financial profile and credit rating to access green financing
options for your investment.
FAQ
What is Powerflex and how does it work?
The Powerflex model offers a flexible and hassle-free bundled financial package to support your business’s solar investment. You can now produce clean energy at zero upfront or a lower cost. Opt for our Powerflex financing model if you need a flexible financing solution with a fixed monthly payment and zero upfront cost.
How it works – It eliminates your business’s financial hurdle of paying upfront for your solar PV system, and you can enjoy savings on your electricity bill instantly. You will repay your solar PV system over time with fixed monthly repayments. You will be fortunate to have your solar savings outweigh your monthly repayments.
What is the difference between Term Loan and Powerflex?
Generally, term loans from banks will only finance your business up to 80%*, and you are required to pay the remaining 20%* upfront to own a solar PV system. However, under the Powerflex program, the 20%* will be financed by Solarvest, and you don’t have to fork up any capital upfront. You can enjoy savings on your electricity bill immediately and continue to pay for your solar PV system over time in monthly installments.
What is Powerlease and how does it work?
The Powerlease model is a long-term agreement between you and Solarvest to sell and purchase electricity generated from the solar PV system. Solarvest will install a solar system on your rooftop, and you pay Solarvest for the solar power generated at a solar tariff lower than TNB.
How it works? It allows your business to use another source of electricity generated from solar, charged at a tariff lower than TNB. As soon as installation and connection are complete, you will enjoy savings immediately with no capital necessary.
How much is the solar tariff under Powerlease?
The tariff will be discussed between you and Solarvest. The goal is to offer a lower tariff than TNB, providing immediate electricity savings and hedging against future TNB tariff increase. With the TNB tariff expected to increase, the savings will gradually become more significant.
Am I still entitled to enjoy CA and ITA benefits under Powervest programme?
Powerflex
Of course. Your business can enjoy up to 48%* of tax incentives.
Powerlease
No, you cannot enjoy the tax incentives without any capital investment.
Is my business eligible for Powervest programme?
This programme is eligible for registered business in Malaysia and a user of TNB, Nur Power, Sarawak Energy or Sabah Electricity.