ITB For Financial Support For Electricity From Renewable Sources Of Energy Installations

The Regulator for Energy and Water Services (REWS) together with the Ministry for the Environment, Energy and Enterprise (MEEE) has recently launched a bid for private entrepreneurs to invest in the development of large renewable energy projects such as solar farms and wind turbines.

As a follow-up to consultation talks and feedback obtained from major stakeholders, the Government will offer financial support for private investors to generate clean energy through these developments. Through this scheme, the Government will invest up to a maximum of seventy-four million Euro (€74M) over a period of twenty years. This investment will, in turn, translate into the creation of more green jobs, and complements the islands’ vision for a de-carbonised economy by 2050.

Five calls are on offer, in two separate categories which will be running consecutively:

Generation of renewable energy from capacities of 40kW up to less than 200kW, and from 200kW up to less than 1000kW respectively. The schedule below refers:

Further technical information and details may be found on the Government Gazette as well as on the REWS website at: https://www.rews.org.mt/#/en/tenders/224. Prospective applicants may also contact REWS offices, via email (enquiry@rews.org.mt) or telephone 2295 5000.