The MySuria solar panel programme, where panels are installed at the households of the bottom 40% to the middle-class, will kick off nationwide this month.
Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili said the ministry would identify areas that were suitable for the programme and those who would be eligible for it.
“About 1,620 households nationwide from the B40 low-income group will benefit from this programme,” Dr Maximus told a press conference after a Green Technology and Climate Change Council meeting at the Prime Minister’s Office here.
The meeting was chaired by Prime Minister Datuk Seri Najib Tun Razak.
The MySuria programme was announced by Najib in Budget 2017 and the initiative will help the poor generate income by tapping into solar energy sources.
Through the initiative, electricity that is generated by the solar panels will be sold to Tenaga Nasional Bhd, and each participant can earn up to RM600 in extra income monthly.
Dr Maximus also announced that a RM5bil allocation has been approved for the second round of the Green Technology Financing Scheme (GTFS) which will last until 2022.
The second stage of the scheme will be known as GTFS 2.0 and will introduce some enhancements.
He said the implementation was important to make sure that green technology-based projects continued to receive funding and support.
“This will contribute to the growth and development of the country’s green technology industry,” he added.
Also present at the meeting were Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar, Transport Minister Datuk Seri Liow Tiong Lai and other members of the council.
The GTFS scheme was introduced in 2010 with a funding of RM3.5bil and is scheduled to end in December.
The scheme is meant to speed up the growth of the green technology industry in the country by providing funds to empower green businesses and increase production of local green technology products.
So far, the scheme has produced many local green technology entrepreneurs, with a funding of RM2.96bil for 272 projects.