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FINANCING SCHEME

MIDF Solar PV System Financing Program

Provider

Malaysian Industrial Development Finance Berhad (MIDF)

Objective

Helping SMEs lower operating costs through renewable energy while advancing sustainable and environmentally responsible business practices.

Funding Amount

  1. Financing Amount: Up to RM1 million
  2. Financing Rate: From 2% for SME
  3. Margin of Financing: Up to 90%

Applications Document

  1. Basic Required Documents
  2. Valid business license
  3. CTC company form
  4. CTC IC copy for alldirector/shareholders (front & back)
  5. 6 months bank statement
  6. Latest annual return
  7. Latest 3 years auditedfinancial statement
  8. Draft/latest management account

Purpose of Financing

Energy Transition

Eligibility

  1. Registered with SSM
  2. At least 51% equity held by Malaysians
  3. Possess a valid business licenses issued by local authority
  4. In operation for at least two (2) years or start-up company in operation for six (6) months subject to directors/shareholders/key management having at least five (5) years experiences in relevant field
  5. Priority Sectors: Manufacturing and Services

Scope of Funding

Installation of new Solar Photovoltaic (PV) systems for business premises

Application Procedure

Fill the form to get the application procedure link

  • MIDF Business Advisory
  • 1-300-88-6433
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