President Dr. Mohamed Muizzu has officially launched the household solar installation phase of the “Magey Solar Programme,” during his visit to Filladhoo in Haa Alif Atoll. This initiative marks a significant stride toward the government’s clean energy targets, aiming to reduce overall fuel consumption and boost renewable energy usage in the Maldives.
Speaking at the launch, Minister of Climate Change, Environment, and Energy Thorig Ibrahim outlined the criteria for solar installation, explaining that each household’s six-month electricity bills will be reviewed to determine whether to install a 3 kW or 5 kW system. He noted that 750 solar systems have already arrived for the first phase, while an additional 7 MW of solar power capacity is set to be introduced in the second phase.
Under the “Magey Solar Programme,” households served by the Fenaka Corporation can apply for either 3 kW or 5 kW systems—available in both single-phase and three-phase models. The specific system size will be determined through a net metering method, followed by a site survey. Although Fenaka is the primary service provider in rural areas, the minister confirmed that the State Electric Company (STELCO) will also begin offering solar installations in the future.
Officials emphasized that no advance payment is required for households taking part in the programme. Prices are set at MVR 45,000 for a 3 kW system and MVR 75,000 for a 5 kW system, with payment options including a lump sum or installment plan over five years.
According to the Ministry, this initiative is designed to lower electricity consumption nationwide and harness more of the country’s available renewable energy resources. It also aligns with the government’s broader goal of sourcing 33 percent of the Maldives’ electricity needs from renewable sources, reflecting a commitment to both environmental sustainability and national energy security.
