Alternative source of financing for start-up solar companies in Malaysia

Afroz, Rafia (2020) Alternative source of financing for start-up solar companies in Malaysia. In: Research Innovation Commercialisation & Entrepreneurship Showcase (RICES), 9th December 2020, Cyberjaya, Malaysia. (Unpublished)

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Abstract

In Malaysia, energy consumption by households grew by 6.9%. Meanwhile, energy supply rose 6.1% from 1991 to 2006. Thus, if energy consumption continues to increase in the future, the supply of energy will be lacking. The steady growth of electricity consumption in Malaysia is directly linked to CO2 emissions and climate change, which increases the annual temperature and temperature-related health problems. The use of PV solar energy may be an effective solution, but there are some barriers faced by Malaysian households, such as high prices, lack of physical and financial facilities, lack of awareness and social support. The objective of this study is to review the energy situation, barriers and challenges of solar energy in Malaysia. Lastly, this paper proposed an alternative source of financing for solar energy usage in Malaysia.

Item Type:	Conference or Workshop Item (Slide Presentation)
Additional Information:	Google meet
Uncontrolled Keywords:	solar energy, green finance, shariah compliant , equity based, crowdfund, new energy metering
Subjects:	H Social Sciences > H Social Sciences (General)
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Dr Rafia Afroz
Date Deposited:	23 Dec 2020 11:19
Last Modified:	23 Dec 2020 11:19
URI:	http://irep.iium.edu.my/id/eprint/86188

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