First firm to use only alternative energy

Malta Enterprise helped 150 companies to the tune of €8.5 million to invest in alternative energy last year, Prime Minister Lawrence Gonzi said.

One of them, Bajada Group, installed 99 photovoltaic panels which have made it the first company on the island to be completely powered by alternative energy.

"It has given us an edge over our competitors because our electricity is free," managing director Mark Bajada said.

The company, which manufactures solar water heater tanks, generates 82 units of electricity per day, which are pumped back into the Enemalta system and then reduced from its electricity bill. In fact, the panels are saving the Marsa-based company up to €7,000 a year in electricity bills. According to general manager Stephen Bajada, the €80,000 system, set up using EU funds, will save 26 tons of carbon dioxide emissions per year.

Mr Bajada said the company exported about €1 million worth of solar water heater tanks to Italy, Spain, France and northern Europe, adding that demand was on the increase.

The company is expected to almost double its workforce by the middle of next year, going up to 45 employees from 25. Its sister company, Bajada Solar Systems, has been contracted to install enough solar panels around Malta to produce 1.3 megawatts of electricity throughout the year.

Speaking during a visit to the company yesterday, Dr Gonzi said part of the government's strategy was to invest in alternative energy to counter the oil prices. He stressed the importance of having a consistent supply of energy.

Dr Gonzi said the company was also giving students from the Malta College for Arts, Science and Technology the opportunity to learn through work experience.