EFTA01366624

Amendment #4 Page 195 of 868 Malaysia has adopted several intetwes to support the development of renewable energy sons. includng the National Renewable Energy Policy arc! Action Plan. the Renewable Energy Act and the Sustarede Energy Development &thorny Aa These incertwes pnmany nclude a feed-in tarn program for eligible renewable energy projects. naming solar energy prqects Under eats arrangement tat &take counterpart pays toe renewa de energy generator the feed-in tarn rate for power that is purd-esed under the PIRA and is subsequently reimbissed by Ma layseS renewable energy Arc forte amount such feed-in tartf exceeds the prevailing 'displaced costs' d such power In addition. the Malaysian government has introduced incentives, such as financing programs arid tax incentrves, to promote the application and development of green technology. See 'Business—Governmer4 ncentrves—Malaysia ' Malaysia h39116101Cany SUbbid¢ed iqUil fuels natisal gas and electricity pnces In 2014, Malaysia began to irriplemert a sttecry removal program for these fuel types when will like.), increase tre price of natural gas and electnaty These rising prices could contnouse to an increase n demand for soar energy, as it will be more cost compettne 77leeend The installed base of energy generation capacity in Thailand increased from 32 GW in 2010 to 33 GW n 2013 or a CAGR oft% The following lade summarizes the components of Thailand s installed energy generation capacity for 2013 Fuel type Gas Hydro-electric Coal Biomass Solar Wrd Total Percentage 57 9% 16.0 11.8 6.3 5.0 25 0.7 109.0% Treiand 5 renewable power rrerket Ns seen growth over the last three years. The cumtiative Installed capacity d renewable energy wines h Thailand gmv from 7 GIN in 2010 to S GW in 2013, or a CAGR of 5% Renewable energy soirees are expected to grow to 11 GW in 2017 or a CAM of 7% from 2014 to 2017 187 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058152 CONFIDENTIAL SDNY GM_00204336 EFTA01366624