Maldives doubles renewable capacity in two years
Island nation raises clean energy output from 53 to 110 megawatts, targeting 33% power from renewables by 2028
MALE, Maldives (MNTV) — The Maldives has more than doubled its renewable energy capacity in two years, expanding output from 53 megawatts to 110 megawatts as the island nation pushes to cut its heavy dependence on imported diesel for electricity generation.
The shift marks a significant step for a country that spends about $443.6 million annually on diesel imports, most of it used to power homes, businesses and essential services across its scattered islands. President Mohamed Muizzu said reducing fuel imports is central to improving energy security and easing pressure on foreign exchange reserves.
When the current administration took office, renewables accounted for just four percent of total electricity generation. The government now aims to raise that share to 33% by the end of 2028 — a target aligned with broader climate mitigation goals in one of the world’s most climate-vulnerable nations.
Officials say the next milestone is to increase renewable output to 220 megawatts within this year, effectively achieving half of the 33% national target in capacity terms. The strategy includes scaling up solar installations across inhabited islands, integrating battery storage systems and piloting wind and seawater-based energy technologies.
State-owned utilities, including State Electric Company Limited (STELCO) and Fenaka Corporation Limited, are leading renewable deployments. Several islands already generate enough solar power during peak daylight hours to meet most of their electricity demand, reducing diesel generator use during those periods.
The Maldives Water and Sewerage Company is also transitioning parts of its operations to renewable energy, aiming to lower operational fuel costs tied to water production and sanitation services.
For the Maldives — an archipelago of nearly 1,200 low-lying coral islands in the Indian Ocean — energy reform is closely tied to climate resilience. Rising sea levels and extreme weather threaten infrastructure, while imported fossil fuels expose the country to volatile global energy prices.
By accelerating renewable expansion, authorities hope to cut long-term fuel import bills, strengthen economic stability and reduce carbon emissions. Analysts say the pace of deployment over the past two years signals a structural shift in the country’s energy model — one that could reshape how small island developing states approach both climate adaptation and energy security.