Meta Data
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
2019
Effective End Year: 
2020
Scope: 
National
Document Type: 
Programme
Economic Sector: 
Energy, Power, Multi-Sector, Other
Energy Types: 
Power, Renewable, Bioenergy, Solar, Wind, Other
Issued by: 
Government of Malaysia
Overall Summary: 
The Green Technology Financing Scheme 2.0 (GTFS 2.0) offer a financial support (subject to only to the green technology/component cost finance by Participating Financial Institutions (PFIs)) for Producer, User and also offer a financial support to a new category, which is for Energy Services Companies (ESCOs) also offer a rebate of 2% on interest/profit, is to accelerate the expansion of green investments by providing easier access to funding via financing from PFIs with a total funding earmarked up to RM2.0 billion. The new category is to support ESCOs to finance investment or assets related to energy efficient project and/or energy performance contracting.
Efficiency
Energy Service Companies (ESCOs): 
GTFS 2.0 also offer a financial support (subject to only to the green technology/component cost finance by Participating Financial Institutions (PFIs)) for Producer, User and also offer a financial support to a new category, which is for Energy Services Companies (ESCOs) also offer a rebate of 2% on interest/profit, is to accelerate the expansion of green investments by providing easier access to funding via financing from Participating Financial Institutions (PFIs) with a total funding earmarked up to RM2.0 billion.
Renewable Energy
RE capital subsidy, grant, or rebate: 
The Scheme which will last for two (2) years will be offering a 2% p.a. interest/profit rate subsidy for the first seven years with 60% government guarantee on the financing.
Governance
Energy institutional structures: 
Malaysian Green Technology Corporation (GreenTech Malaysia), Credit Guarantee Corporation Malaysia Berhad (CGC) are the agencies tasked with administering the Scheme. GreenTech Malaysia is responsible for the promotion, assessment, certification and monitoring to Producers, Users & ESCOs under the Scheme, while CGC is responsible to manage, administer and monitor the scheme which includes the verification and process of guarantee applications, subsidy reimbursements, claim payments and reports to the Government.