Copyright 2021 SunGate Energy | Solar Panel Supplier Johor Bahru (JB) | Solar System
We Provide Solar Power Consultation
Mobile :: Subhead

Government Scheme

 

How does NEM works?

The Government has introduced the Net Energy Metering Scheme in November 2016 with quota allocation of 500 MW up to year 2020 to encourage Malaysia’s Renewable Energy (RE) uptake. The concept of NEM is that the energy produced from the solar PV installation will be consumed first, and any excess will be exported to TNB at prevailing displaced cost.
 
Read More NEM Rakyat
Read More NEM Gomen
Read More NEM Nova
 

Green Investment Tax Allowance (MITI)

Green Investment Tax Allowance (GITA) of 100% of qualifying capital expenditure incurred on approved green technology asset from the year of assessment 2014 (date on which the first qualifying capital expenditure incurred is not earlier than 25th October 2013) until the year of assessment 2020.
 

Capital Allowance (LHDN)

Is given as a deduction from business income in place of depreciation expenses incurred in the purchase of business assets. Examples of assets used in a business are motor vehicles, machines, office equipment, furniture, and computers. Conditions for claiming capital allowance are:
  • Operating a business
  • Purchase of business assets
  • Assets are being used in the business
  • Owner of the assets
 

Interest Subsidy from Greentech FundGomen

Funding will be provided for any project that qualify the PFI requirements and meets green technology project criteria under GTFS program. Evidences of proven business model and technology may be required to ensure that only viable projects will be funded.
 
Read More
 

Low interest loan from agro bank for agricultural industry

 
Read More
 

MIDF for service industry

Access to finance is a fundamental need for business seeking new opportunities or expansion plans. Oil and Gas Services and Equipment (OGSE) companies can find out more about grants, loans and government tax incentives to become more competitive for future growth in both domestic and regional markets.
 
Read More
 

Matching grant from malaysia rubber council (MRC)

Is given as a deduction from business income in place of depreciation expenses incurred in the purchase of business assets. Examples of assets used in a business are motor vehicles, machines, office equipment, furniture, and computers. Conditions for claiming capital allowance are:
  • To encourage the rubber product industry to adopt automation and green technology to enhance the industry’s competitiveness
  • To alleviate labour shortage problem in the rubber product industry
  • To promote the adoption of green technology towards achieving sustainability in the rubber product industry
Read More
 
 

Contact Details

location_on   28, Jalan Satria 6, JB Perdana Industrial Park,
81300 Skudai, Johor Darul Takzim, Malaysia.
local_phone   +607-511 1212
print   +607-512 2282
phone_iphone   +6017-351 8138 (Peter Chua) Whatsapp us at +6017-351 8138
mail   info@sungate.energy
 
Follow Us On Instagram   Follow Us On LinkedIn
 
Whatsapp us at +6017-351 8138
Copyright 2021 SunGate Energy | Solar Panel Supplier Johor Bahru (JB) | Solar System