Tag: Maldives

Embracing Renewables: Overview of the clean energy sector in Maldives

Maldives is geographically blessed with abundance of renewable energy resources, including solar, wind, and ocean, as well as an ability to manufacture green hydrogen fuel. The country can also replace a portion of its diesel consumption with cheaper, more efficient and less polluting small-scale liquefied natural gas. As per IRENA’s Renewable Capacity Statistics 2023 report, total renewable energy capacity installed in Maldives as of 2022 was 37 MW.

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Promoting Renewables: Uptake of clean energy in Maldives

The Maldives has been naturally bestowed with abundant renewable energy resources that include solar, wind, and ocean. Utilisation of these renewable energy sources will offer the potential to reduce electricity generation costs, fuel imports and fiscal burden on the government in the country. According to data by the International Renewable Energy Agency, the share of renewable energy in the total energy mix of Maldives is just 6 per cent.

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Road to Renewables: Maldives transitions to a greener power sector

Renewable energy accounts for only 4 per cent of the total energy portfolio of the Maldives. However, due to the abundance of renewable energy sources such as solar, wind and ocean, there is immense potential for further developing renewable energy in the country. As per the Asian Development Bank (ADB), solar radiation in the Maldives is roughly 1,200 kWh per square metre per annum. Several solar projects in the country are now under way.

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India and Maldives to establish transmission interconnection for renewable power transfer

India’s Ministry of Power has informed that India and Maldives plan to set up a transmission interconnection to facilitate the transport of renewable energy between the two countries. The proposal was discussed during the meeting between the Indian Minister of Power and New and Renewable Energy and Maldives’ Minister of Environment, Climate Change and Technology in New Delhi.

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Maldives floats tender for 40 MW/40 MWh of battery energy storage systems

Maldives’ Ministry of Environment, Climate Change, and Technology has floated a tender for the engineering, procurement, construction of a 40 MW/40 MWh battery energy storage systems (BESS) across 11 select islands. The BESS are set to improve renewable energy penetration for island grids and ensure efficient operation of generators in the solar-diesel hybrid generation mix.

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