Green Technology Annual Report

GTFS 2.0 was announced in the 2019 with a RM2.0 billion allocation. Additional criteria and sectors were implemented in the scheme, the latter including energy service companies (ESCOs) and expansion to the manufacturing sector. No. of Project Type Received GTFS 2.0 2019 Highlights 11 2 3 9 Mini Hydro Solar Farm Biogas (POME) Solar Rooftop RM2.0 Billion allocation for GTFS 2.0 9 Projects solar farm RM900 Million approved financing What’s Next ›› For the year 2020, the target is for 30 green projects to be funded, at a total financing cost of up to RM600 million. With the inclusion of an ESCOs category in GTFS 2.0, it is anticipated that there will be an increase in financing of investments or assets related to energy efficient projects and/or energy performance contracting in the coming years. More project applications are also expected in the transport sector with the launch of the Low Carbon Mobility Blueprint. 36 MALAYSIAN GREEN TECHNOLOGY & CLIMATE CHANGE CENTRE ANNUAL REPORT 2019