Bid & Tender

News

Bahrain’s SEA to Launch Renewable Energy Certificates

Bahrain's Sustainable Energy Authority (SEA) President Dr Abdulhussein bin Ali Mirza has signed an edict launching a set of renewable energy certificates.

 

The edict will come into effect on its publication in the Official Gazette. The certificates will be granted to renewable energy producers and investors in solar energy systems so as to enable them to register their production with the SEA, said a report.

 

The SEA will evaluate and control the amount of energy produced and approved in the form of a "renewable energy certificate" for every 1 megawatt hour.

 

Dr Mirza said the Cabinet approved in its weekly meeting on January 6 his mandate to issue an edict establishing the renewable energy certificates in his capacity as the chairman of the Sustainable Energy Authority.

 

He extended thanks to the Cabinet and to the Executive Committee, chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister for their keenness on launching the certificate system.

 

The "Renewable Energy Certificates" system will provide an opportunity for investors and financing institutions to evaluate investment opportunities, finance sustainable energy projects and verify the energy output, which is produced through reliable and approved programmes and tools.

BACK

Related News