The Maltese government has issued new calls for investments in renewable energy systems. The Ministry for the Environment, Energy and Regeneration of the Grand Harbour and the Regulator for Energy and Water Services (REWS) launched procedures in early March to allow private investors to bid for medium-sized renewable energy systems with larger capacities and advantageous contributions.
The details of the initiative
Medium-sized plants are defined as those with capacities between 40kWp and 1 MWp. Applications for this type of plant offer a total capacity of 15MW, useful for generating clean energy for 5,500 homes, with carbon emission reductions approaching 9,150 tons per year.
The government is also working in favor of large-scale plants, doubling the bid allocation from 19MW in 2023 to the current 38MW, capable of supplying renewable energy to 14,000 homes and eliminating 23,000 tons of carbon annually.
Achievements and prospects
The government continues to incentivize the adoption of renewable solutions for both businesses and households to contribute to Malta’s decarbonization goals.
As emphasized by Miriam Dalli, Minister for the Environment, Energy and Regeneration of the Grand Harbour, the country is focusing as much on land-based renewable energy as it is on the potential of the sea and offshore installations.
Through the implementation of various REWS initiatives and calls for proposals over the past four years, Malta and Gozo have deployed adequate clean energy systems to supply power to 32,000 households, resulting in an annual reduction of 54,000 tonnes in carbon emissions.
Source: maltabusinessweekly.com
