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PETALING JAYA (March 11): Tune Protect Malaysia and Verdant Solar Sdn Bhd introduced Malaysia’s first integrated residential solar and protection model, addressing concerns around financial risks, system damage and unexpected operational disruptions faced by 100,000 homes in Malaysia that have solar photovoltaic (PV) systems installed.
Under the partnership, homeowners who install solar systems through Verdant Solar will automatically receive insurance protection provided by Tune Protect Malaysia as part of a fully integrated solution, included at no additional cost.
Coverage will be provided for accidental loss or damage caused by storms, fire or other unforeseen events, as well as loss of electricity savings arising from system downtime caused by insured damage.
Embedding this protection into Verdant Solar’s package means that homeowners will not need to purchase additional insurance separately. It also simplifies the adoption journey for homeowners while ensuring that solar systems and the energy savings they generate are protected throughout their operational lifespan.
According to Verdant Solar chief executive officer Zeth Lim, nearly 98% of Malaysian households have yet to install solar despite abundant sunlight and supportive initiatives such as Solar Accelerated Transition Action Programme (Solar ATAP).
Tenaga Nasional Bhd (TNB) (KL:TENAGA) introduced Solar ATAP on Jan 1, 2026 as part of the energy transition initiative by the government. This programme is a continuation of the existing net energy metering (NEM) programme, allowing users to generate their own electricity by installing a solar PV system on the rooftop for their own consumption. Under this new mechanism, users will first consume the energy generated by their own solar PV system before supplying excess power to the TNB grid.
The company’s first phase will be to roll out the coverage to new customers by embedding the protection into its solar PV system packages, before reaching out to existing customers to offer the same.
“I believe [this coverage] would be of value to them. Moving forward, we might be looking into installing [solar PV systems] in at least 30,000 houses in a year. With the coverage from Tune Protect, I do believe we can acquire quite a good number of customers going forward.”
Tune Protect Malaysia appointed representative Hans-Joachim Zimmermann said Tune Protect has underwritten four plans for Verdant Solar, which will be offered to new customers depending on the type and size of the solar PV system installed, as well as the sum insured for the system.
“Solar systems are a significant long-term investment, yet they remain vulnerable to unexpected incidents such as storms, lightning or falling objects. While warranties typically cover defects, they do not address accidental damage or loss of electricity savings. Our role is to bridge this gap to make sustainable living practical, secure, and achievable for every Malaysian household,” he added.
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