Mauritius is seeking investment to accelerate its transition to a low-carbon economy through a USD 137 million renewable energy programme. The initiative combines four components: household solar PV expansion, renewable energy deployment by private operators, a 20 MW Battery Energy Storage System (BESS), and biogas cogeneration upgrades at wastewater treatment facilities. It aims to reduce dependence on imported fossil fuels, strengthen energy security, increase renewable energy generation, and support the national target of 60% renewable energy in the electricity mix by 2035. The programme will expand access to clean energy for households and businesses, support coal phase-out efforts, enhance grid stability, and promote local renewable resources such as solar, biomass, biogas and wind. It is expected to deliver substantial greenhouse gas emissions reductions, improve resilience to energy price shocks, create green jobs, and strengthen Mauritius’ long-term economic and environmental sustainability.
Project overview
Investment opportunity
Renewable energy projects currently under facilitation by the Economic Development Board of Mauritius represent a combined installed capacity of approximately 213.7 MW and an estimated investment value of MUR 17 billion. This robust pipeline reflects growing investor confidence in Mauritius’ transition to 60% renewable energy by 2035 and presents substantial opportunities for investors, developers and technology providers across:
1. Solar PV;
2. Waste-to-energy;
3. Battery storage and grid infrastructure;
4. Biomass and bagasse generation; and
5. Industrial decarbonisation and energy efficiency projects.
Additional pilot opportunities exist in:
1. Offshore wind and wave energy generation;
2. Ocean-based renewable energy; and
3. Green hydrogen.
Investment types sought
Grant Funding; Concessional Finance for Non-Sovereign operations; Blended Finance
Project status
Development stage
Structuring & preparation
Current status / progress to date
Complete: 10,000 low-income household solar PV systems deployed; bagasse-based renewable energy generation and Independent Power Producer frameworks operational; industrial renewable energy schemes available through the CEB.
Additional project information
- Lead agency
- Economic Development Board / Ministry of Energy and Public Utilities (MEPU)
Expected impact
Economic & development benefits
- Strengthens national energy security and reduces dependence on imported fossil fuels
- supports Mauritius’ transition to 60% renewable energy by 2035
- generates over 300 green jobs in installation, maintenance and technical services
- provides renewable energy access for 10,000 households and 1,000 businesses
- and delivers estimated annual fossil fuel import savings of USD 70 million by 2032.
Climate & resilience benefits
- Supports the phase-out of coal and the transition to renewable energy by 2035
- reduces approximately 33,000 tonnes of CO₂ emissions annually
- expands solar, biomass, wind and biogas energy generation
- improves grid resilience through the deployment of battery storage systems
- and enhances climate resilience in a Small Island Developing State.
Contact
Contact team
For more information about this project, please contact the Commonwealth Investment Platform team.