Renewable Energy

The Regulatory for Energy and Water Services (REWS) together with the Ministry for the Environment, Energy and Enterprise (MEEE) launched a bid for private investors to submit their offers to develop large renewable energy installations.

This year’s plan for this development was announced during a press conference that was addressed by the Minister for the Environment, Energy and Enterprise Miriam Dalli and the REWS CEO Ing Marjohn Abela.

During the press conference, Ing Abela explained how the Government Notice for this year’s new scheme provides for five calls for the grant on electricity generated from renewable energy sources of generation from 40kW to less than 200kW, and from 200kW to less than 1mW respectively.

“Each call for the allocation of aid includes a call for each category”, he said.

“The capacity available for the grant, thus calculated, will be published in the ITB document of each respective call. The government can review the methodology used to calculate the capacities available for the allocation of aid”, Ing Abela added.

Miriam Dalli
Miriam Dalli / Energy Minister

Addressing the conference, Minister Dalli stated that Government is “working to increase the sources of renewable energy in our country.”

“This will contribute to new economic opportunities and more green jobs. This complements our country’s vision for a decarbonised economy by 2050″, she added.

This process is being launched for the second consecutive year and is aimed at renewable energy projects such as solar farms and wind turbines.

Through the new scheme, if the allocation is taken in full, the government will offer financial support for private investors to generate enough clean energy for around 6,000 households, translating into some 10,000 tons less of carbon dioxide in a year.

Related

Joseph Mallia

Joseph Mallia bows out from Chief Financial Officer and Executive Director of IZI Group plc

28 November 2023
by Anthea Cachia

IZI Group’s Head of Finance, Nicolo’ Baldacchino Orland, will fill the role of CFO on an interim basis.

HSBC Malta CEO says internships nurture an ‘entrepreneurial spirit’ in youngsters at an early stage

28 November 2023
by Fabrizio Tabone

Geoffrey Fichte was speaking as the bank announced a record participation of 30 interns in its summer and two-year internship ...

Melo Hili to take on dual role as Premier Capital plc Chairman and CEO

28 November 2023
by Fabrizio Tabone

He takes over as CEO of the McDonald's licencee following Victor Tedesco’s resignation.

‘Strategic approach’ to employee training needed to ease ‘operational challenges’ – Mariella Galea

28 November 2023
by Fabrizio Tabone

Speaking to MaltaCEOs.mt, the HR Consultant and Trainer states that business leaders need a ‘change of mindset’ to prioritise upskilling ...

Close Bitnami banner
Bitnami