Energy
The Government goal is to produce 35% of electricity from renewable sources by 2025. In this vein, Budget 2019/2020 has provided for the formulation of new Renewable Energy Generation Schemes which will be set up to encourage smart cities, small and medium scale power producers and public sector entities to generate electricity from solar photovoltaic (PV). The Schemes will operate on a gross metering principle and will eliminate the limit of 30% of consumption capacity and the connection fee.
The Development Bank of Mauritius Ltd has always been committed to address the issues of environmental and climate changes in the country. It has been the first financial institution to provide finance for the purchase of solar water heaters in order to encourage people to adopt renewable energy sources for their domestic consumption.
Now it has incorporated DBM Energy Ltd, its wholly owned subsidiary, to invest the renewable energy sector.
DBM Energy Ltd aims to tap non productive surface areas such building roof tops and reservoirs instead of land which is limited in the country to produce electricity from PV plants.
OUR MISSION
Becoming the premier public sector entity in the production of electricity from renewable sources.
OUR VISION
We are aiming to be the leading public sector institution in the production of green energy.
PROJECTS AND ITS RATIONALE
Mauritius is not gifted with land given our limited area. Presently all solar projects in our country have been set up on ex sugar cane lands. We believe that our project will save arable land which will be use for agricultural purposes to ensure our food security. In development countries rooftop solar is going mainstream. DBM envisages to be the main driver of rooftop solar in Mauritius and want to be an example in the Sub Sahara region
We have submitted our application for the production of electricity from PV plants on DBM rooftops buildings which are spread all over Mauritius under the CEB MSDG RE Scheme. DBM has incorporated a wholly owned subsidiary, DBM Energy Limited, to implement its
project towards the production of electricity from PV.
PHASE 1
The DBM has industrial buildings blocks which are mainly situated in regions having intensive sunshine. Industrial buildings blocks (67) are located at 10 sites throughout Mauritius and 1 office block at Port Louis, of a total built area of 153,000m2 and total roof area of 86,750 m2.
The roof area of the building blocks has a significant potential as regard to the production of low voltage electricity from renewable energy source namely photovoltaic (PV) systems
PHASE 2
Our project comprises also of the production of electricity from PV plants on rooftops of Government owned buildings including hospitals, universities, colleges and their parking