The main purpose of this paper is to analyze the energy production in the Maltese islands, focusing on the employment of renewable energies in order to increase their energy independence. The main renewable source here proposed is wave energy: thanks to a strategic position, Malta will be able to produce electrical energy using an innovative type of Wave Energy Converter (WEC) based on the prototype of a linear generator realized by University of Palermo. The use of this new technology will be able to cut down the electrical energy production from traditional power plants and, consequently, the greenhouse gas emissions (GHG). Wave energy source and off-shore photovoltaic (PV) technology are here proposed. Particularly, the installation of 12 wave farms, for a total installed capacity of 86 MW, will generate about 9.5% of Malta’s energy requirement in 2025, while the installation of 9.6 MW of off-shore PV will generate about 0.73%.