ENERGY INVESTOR CONFERENCE 2021

Wednesday, 23 June 2021

Must-attend conference
for project developers and investors

Learn about the clean energy investment opportunities in Maldives!

Organized by:


MINISTRY OF ENVIRONMENT, CLIMATE CHANGE AND TECHNOLOGY

Supported by:


THE WORLD BANK

INTERNATIONAL SOLAR ALLIANCE

BACKGROUND

The Government of the Republic of Maldives (GoM) has embarked on an ambitious path to transform the country’s power sector to address the climate emergency and ensure a safe, sustainable, resilient and prosperous future. Under its Nationally Determined Contribution (NDC), the country aims to achieve net-zero emissions by 2030, with adequate international aid and resources.

KEY ACTION PLANS UNDER THE NDC:

  • Establishing efficient transport management system and promoting hybrid vehicles
  • Upgrading existing power infrastructure –target of reducing grid loss to at least 5%
  • Increasing electricity production by renewable energy (RE) with storage and grid stabilization
  • Ensuring 15% of RE in the energy mix
  • Establishing waste-to-energy plants such as 8 MW in Thilafushi and 1.5 MW in Addu City and integrating them to the grid
  • Ensuring resilience and climate proofing of critical infrastructure

INVESTMENT OPPORTUNITITIES IN MALDIVES