Managing Director Hussain Fahmy of State Electric Company Limited (STELCO) announced a groundbreaking partnership with innovative startups through the ElectronVibe Maldives program, supported by the U.S. Agency for International Development (USAID).

The initiative aims to accelerate the Maldives' transition to renewable energy by leveraging advanced solutions.

Fahmy expressed enthusiasm about the collaboration on social media platform X, emphasizing its potential to foster a sustainable future for the Maldives. 

The partnership aligns with national goals outlined by President Dr. Mohamed Muizzu, who has pledged to achieve 33% renewable energy during his term.

The initiative underscores STELCO's commitment to enhancing energy efficiency and sustainability across the Maldives and follows Minister of Foreign Affairs Moosa Zameer's meeting with USAID Administrator Samantha Power yesterday, as part of his official visit to the United States.

USAID is a separate agency within the U.S. government tasked mainly with overseeing civilian foreign aid and development assistance.

Over time, the United States has collaborated with the Maldivian government through USAID, focusing on initiatives to preserve the environment, enhance democratic governance, and bolster public financial management.