The Maldivian government has invited proposals for a substantial solar and battery storage facility with a capacity of up to 150 megawatts (MW), aimed at bolstering the nation’s power infrastructure.
According to the Expression of Interest (EOI) published on Sunday, interested parties have until 27 February 2025 to submit their proposals to the Ministry of Finance and Planning. The proposed development, slated for the Greater Male region, will require developers to design, build, finance, own, operate and transfer the facility. The solar component should range between 100-150 MW, whilst the battery storage specifications remain flexible.
Official figures from July 2024 show the Maldives’ total electricity capacity stands at 600 MW, with solar contributing 68.5 MW, accounting for 6% of national power consumption. An additional 90 MW of solar projects are currently under development. The island nation aims to generate 33% of its electricity from renewable sources by 2028.
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