What is small hydropower?
Small hydro is defined as the production of electricity by harnessing the power of flowing water from lakes, rivers, and streams. Small hydro is based on simple concepts. Moving water turns a turbine, the turbine spins a generator, and electricity is produced. Many other components may be in a system, but it all begins with the energy already within the moving water.
What is renewable energy?
Renewable energy is energy produced from sources that do not deplete or can be replenished within a human’s life time. The most common examples include wind, solar, geothermal, biomass, and hydropower. This is in contrast to non-renewable sources such as fossil fuels.
What is FIT ?
FIT,Feed In Tariff in programme was setup under the RE,Renewable Energy Act 2011. The programme support the development of RE Technology by allowing higher tariff to ensure viability of the RE Schemes. This is done by differential subsidy between the required tariff and the displace course at the point of common coupling or interconnection. This is financed by the SEDA Fund (1.6% of electricity bills) . The disbursement is managed by SEDA.
What is SEDA?
The Sustainable Energy Development Authority (SEDA) Malaysia is a statutory body formed under the Sustainable Energy Development Authority Act 2011 [Act 726]. The key role of SEDA is to administer and manage the implementation of the feed-in tariff mechanism which is mandated under the Renewable Energy Act 2011 [Act 725]. More info
What are incentives for SHP schemes?
1. Green Investment Tax Allowance, MIDA 2. Green Technology Financial Scheme, Greentech Malaysia 3. Import duty waiver, Custom Department