Close Menu
Maldives Business TimesMaldives Business Times
    What's Hot

    Maldives Posts MVR 2 bn surplus as Tax Revenues Surge in Early 2026

    March 16, 2026

    Maldives Tourist Arrivals Drop 23% in March Amid Middle East Conflict

    March 15, 2026

    STO Assures Stable Fuel Supply Amid Surging Global Oil Prices

    March 15, 2026
    Facebook X (Twitter) Instagram
    Monday, March 16
    Facebook X (Twitter) Instagram
    Maldives Business TimesMaldives Business Times
    • Home
    • Features

      Maldives Posts MVR 2 bn surplus as Tax Revenues Surge in Early 2026

      March 16, 2026

      Maldives Tourist Arrivals Drop 23% in March Amid Middle East Conflict

      March 15, 2026

      STO Assures Stable Fuel Supply Amid Surging Global Oil Prices

      March 15, 2026

      Cinnamon Dhonveli conducts reef restoration initiative

      March 15, 2026

      Visit Maldives formalizes participation at Belgrade Expo 2027

      March 15, 2026
    • BUSINESS

      STO Assures Stable Fuel Supply Amid Surging Global Oil Prices

      March 15, 2026

      STO announces applicants for STO Board’s Public Directorship 2026-27

      March 15, 2026

      Fraudulent account targets Allied’s iPhone Drop Giveaway Campaign

      March 11, 2026

      Allied Insurance Launches “Allied iPhone Drop” Giveaway Campaign

      March 10, 2026

      Parliament passes amendment to exempt SMEs from Quota Fees

      March 8, 2026
    • FINANCE
    • OPINION
    • TRAVEL & TOURISM
    • PUBLIC SECTOR
    • LIFE STYLE
    Maldives Business TimesMaldives Business Times
    Home » Soneva to increase solar power usage to 50%

    Soneva to increase solar power usage to 50%

    Soneva to increase power to 50% derived from solar sources
    June 4, 20242 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Soneva’s Maldivian properties are aiming to generate close to 50% of their energy needs from photovoltaic (PV) sources.

    The renewable energy capacity at Soneva Fushi max out at 12% of the resort’s energy load currently.

    The award-winning sustainable resort operator is gearing up to expand the alternative energy infrastructure on the back of a USD 10 million funding from German’s Aareal Bank, provided in December 2022.

    Soneva expanded renewable energy infrastructure in both the properties, with the installation of a 2.55 MWp (megawatt peak) panels with a 2.7 MWh (megawatt hours) of battery capacity in Soneva Fushi, and a 2.75 MWp panels with 2.0 MWh battery capacity in Soneva Jani.

    “Our investment in solar energy demonstrates our commitment to sustainability at the same time as contributing positively to our bottom line,” said Bruce Bromley, the Chief Financial Officer and Deputy CEO at Soneva.

    “Embracing solar power on such a significant scale has substantially reduced our carbon footprint and demonstrates what is possible in the hospitality industry. The invaluable support from Aareal Bank has paved the way for integrating our energy systems with other renewable technologies, propelling us closer to our goal of achieving fossil fuel-free operations.”

    Besides Soneva Jani and Soneva Fushi, the luxury hospitality brand’s 2024 property, Soneva Secret, will implement floating solar panels, which would cover 90% of the resort’s energy load.

    Related Posts

    Government

    Maldives Tourist Arrivals Drop 23% in March Amid Middle East Conflict

    March 15, 2026
    LIFSTYLE

    Cinnamon Dhonveli conducts reef restoration initiative

    March 15, 2026
    Events

    Visit Maldives formalizes participation at Belgrade Expo 2027

    March 15, 2026
    Leave A Reply Cancel Reply

    Don't Miss
    Government

    Maldives Tourist Arrivals Drop 23% in March Amid Middle East Conflict

    March 15, 2026

    Tourist arrivals to the Maldives have fallen sharply this month, with figures pointing to a…

    STO Assures Stable Fuel Supply Amid Surging Global Oil Prices

    March 15, 2026

    Cinnamon Dhonveli conducts reef restoration initiative

    March 15, 2026
    Demo
    Facebook X (Twitter) Instagram LinkedIn Telegram
    • Home
    • BUSINESS
    • PUBLIC SECTOR
    • TRAVEL & TOURISM
    © 2026 Maldives Business Times. by hyvemedia.

    Type above and press Enter to search. Press Esc to cancel.