Gov’t Launches Home Solar Installation Programme ‘Magey Solar’

The Ministry of Climate Change, Environment and Energy unveiled the ‘Magey Solar’ initiative yesterday, to facilitate households to harness electricity from solar energy sources.

The primary objective of the programme is twofold: to alleviate the financial burden of electricity bills and to diminish the reliance on oil-generated energy within the Maldives, according to statements from the Ministry.

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Environment Minister Thorig Ibrahim officially inaugurated the programme at a ceremony, marking the commencement of a collaborative effort involving the government, utility companies, and contributions from foreign donors.

In its initial phase, the ‘Magey Solar’ programme will facilitate the distribution of solar PV generation systems to households. A substantial three MW of solar PV systems are slated to be allocated under this phase.

The tender process for the supply of these three MW solar PV units commenced, opening avenues for interested parties to participate in the procurement process.

To make solar PV systems more accessible, the initiative allows those interested in installing such systems to acquire them through utility companies via an installment payment plan. The installation will operate on a net metering basis, ensuring efficient utilisation.

Recognising the considerable investment associated with solar PV systems, the programme aims to address financial constraints by offering payment plans. 

The Environment Ministry highlighted the longevity of solar PV systems and emphasised the importance of enabling the public to benefit from sustainable energy practices over an extended period.

The ‘Magey Solar’ programme signifies a strategic step towards fostering sustainable energy solutions in the Maldives, aligning with broader global efforts to mitigate environmental impact and promote renewable energy sources.