Green Technology Annual Report

Achievements GITA Projects 2019 Highlights and What’s Next IMPACT OF APPROVED GITA PROJECTS 2016 - 2019 GHG Emission Reduction 1,483,612 tCO 2 eq 16,282,326 MWh Energy Savings RM687 Million Cost Savings In 2019, there was a marked increase in number of GITA and GITE, with the total number more than doubling year on year from 77 as at end 2018 to 231 at end 2019 . In 2020, GITA and GITE have been extended up to the year 2023. Among others, this will provide a boost to the country’s ambition of renewable energy making up 20% of the fuel mix by 2025. In addition, 70% income tax exemption of up to 10 years will be given to companies undertaking solar leasing activities under the purview of SEDA Malaysia. No. of Approved GITA & GITE Compared at Year End 77 231 2018 2019 39 MALAYSIAN GREEN TECHNOLOGY & CLIMATE CHANGE CENTRE ANNUAL REPORT 2019