Malta has outlined a medium- to long-term renewable energy strategy centred on offshore generation, grid reinforcement and energy storage, positioning these initiatives as key pillars for attracting investment and improving energy security.

Speaking at the 16th session of the Assembly of the International Renewable Energy Agency (IRENA), Energy and Environment Minister Miriam Dalli said Malta had tripled its renewable energy share in 2024, recording one of the most notable year-on-year increases among EU Member States.

Addressing policymakers and industry stakeholders at the Assembly of International Renewable Energy Agency, the minister outlined Malta’s policy focus on scaling renewable generation, improving interconnectivity and upgrading the electricity network – areas that are expected to require sustained public and private capital investment over the coming years.

A key component of the strategy is Malta’s National Policy on Offshore Renewables, which establishes designated marine-based zones for offshore wind and solar projects aimed at facilitating investor participation. Minister Dalli said Malta is working towards developing its first deep-water offshore wind farm beyond 12 nautical miles, with a potential capacity of up to 320MW, positioning the project as a regional reference point.

She also highlighted investment plans for large-scale Battery Energy Storage Systems and further grid upgrades, aimed at addressing intermittency challenges and enabling a higher penetration of renewables. According to the minister, the planned second electricity interconnector will double Malta’s EU energy capacity, supporting grid stability while increasing renewable integration.

“By 2030, we aim to cut greenhouse gases by 41% from 2005 levels and raise renewable energy to about 25%. Our vision is to create green jobs, position Malta as a sustainable energy leader and collaborate regionally to help the Mediterranean develop into a green energy hub,” she said.

Minister Dalli added that Malta’s engagement through the MED9 conference of Mediterranean EU energy ministers has laid the groundwork for greater regional cooperation in renewable energy development. She also pointed to Malta’s growing collaboration with IRENA, noting that Malta has been selected as one of the facilitators for discussions on expanding access to renewable energy.

In comments to international media, the minister acknowledged Malta’s geographical constraints and limited land availability, stating that offshore renewables – particularly floating offshore wind – have been prioritised as a core component of the transition.

The IRENA Assembly brings together ministers and senior officials from 139 countries, alongside representatives from the European Union and international institutions, to coordinate policy priorities and collaboration in the global energy transition.