KPower and Public Islamic Bank team up for solar PV systems financing scheme Picture for representational purposes only. – BERNAMAPIX PETALING JAYA: KPower Bhd’s wholly owned subsidiary KPower Engineering Sdn Bhd has entered into a memorandum of agreement with Public Islamic Bank Bhd (PIBB) to provide the financing and installation of solar photovoltaic (PV) systems to the latter’s customers in relation to the net energy metering (NEM) scheme. The scheme introduced by the Sustainable Energy Development Authority provides an avenue for consumers to install solar PV systems on their building to encourage the public to play a role in mitigating climate change by generating energy for private consumption.