azaliza's blog

The government of Malaysia as well as the banking sector is focusing in providing attractive incentives and loans for Renewable Energy / Energy Efficient projects investment. This is in view that the market growth is more responsive to reduction in costs and risks, than to gifts and subsidies. Thus, loan funding and / or the use of smart incentives is expected to initially build the market volume. For convenience, the loans and support are dedicated and eligible only to companies that help support the engineering, procurement, construction and commissioning of RE / EE project

In 1981, the government has announced the 4th fuel diversification policy which includes water, oil, gas and coal to generate electricity in the country. To further diversify the energy sources, the Government is promoting biomass as a new energy source (fifth energy) which is renewable and also environment friendly.