The Water Services corporation and the Malta Chamber of SME's have recently entered into an agreement that promises to yield additional renewable energy. This agreement has facilitated the establishment of a new company - MaltaEnergy Ltd.
This company will oversee the development of two solar farms, each covering an impressive 13000 m3, located in Cenc Gozo and Qrendi. Through a strategic identification of reservoirs owned by the corporation, which serve as excellent platforms for solar panels, these farms will produce a megawatt of renewable energy. By boosting both the local economy and the country's renewable energy goals, MaltaEnergy Ltd. has a significant role to play in helping Malta meet the EU's requirement of providing 185 mega watts per year from this form of energy.
Moreover, the company is committed to continuing this work and expanding beyond these two sites.