Fabian Demicoli

GRTU discusses MIP Expression of interest for PV Panels with MIP CEO

GRTU has this week met MIP CEO Joshua Zammit and raised a
number of important issues which our members find problematic with the MIP EOI
for the installation of Photovoltaic Panels on factory roofs in Industrial
Parks in Malta and Gozo. This is not the first time GRTU had raised its
concerns on this EOI both with MIP and Minister Chris Cardona.

GRTU explained that a section meeting for the sector
was held and all the representatives present felt that they could not
participate because the cost to simply express their interest was too high, the
project has a high risk element and a number of important elements that impinge
on the cost of the service given were still too vague. GRTU emphasized that it
is very worrying that the absolute majority of the sector feel they cannot

Amongst the issues raised by GRTU was the study, the
performance bond, the one-time upfront payment, the feed-in-tariff and the end
of life of the system.

GRTU stated clearly it is not against the EOI because
the EOI presented a very important opportunity, especially considering Malta's
limited market and space but it needs to be adjusted to give local businesses a
real chance at benefitting from it. GRTU explained how with some adjustments
the EOI could improve drastically.

Mr Zammit informed GRTU that he had listened to all of
GRTU suggestions and will be giving each its required consideration and that we
will hear from the side of MIP. As GRTU now we look forward to a positive
response in everyone's best interest.

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