In Short : The Asian Development Bank (ADB) and the Maldives have signed agreements to expand access to renewable energy. This collaboration likely involves financial support and strategic initiatives to enhance the Maldives’ renewable energy infrastructure, promoting sustainability and addressing energy access challenges in the region. In Detail : MANILA, PHILIPPINE : The Asian Development […]
Maldives govt invites bids for 20-MWp solar tender – EQ Mag
The Maldives government last week published an Invitation for Bids in relation to a tender for the construction and operation of grid-connected solar power systems in the South Asian archipelagic state with a targeted capacity of 20 MWp in total. The project envisages the installation of solar photovoltaic (PV) systems in 20 inhabited outer islands […]
ADB, Maldives Sign Grant and Technical Assistance to Strengthen Gender-Inclusive Initiatives and Social Services – EQ Mag
MALE, MALDIVES : The Asian Development Bank (ADB) and the Government of Maldives today signed a grant agreement amounting to $7.51 million and a technical assistance of $2.5 million for a project to strengthen gender equality and social inclusion in Maldives. The agreement was signed by Maldives Minister of Finance and ADB Governor Ibrahim Ameer […]
Maldives Announces Market Sounding Sessions For 20 MW Outer Islands Solar PPP Project – EQ Mag Pro
Maldives to hold market sounding sessions for 20 MW solar power capacity for outer islands solar PPP project Basis feedback and insights received from local and international companies, lenders, it plans to launch an RFP round in the coming weeks Capacity can be set up in 20 outer islands as a mix of land, rooftop […]
Suntrace And Innosea Collaborate on Maldives Floating Solar Project
Innosea, a leading engineering consultancy firm specialising in marine renewables, has been appointed to a consortium led by German Suntrace GmbH, tasked with the development and tender support of a marine floating solar photovoltaics project (FPV) in the Maldives. Innosea will team up with Suntrace, a Hamburg-based independent renewable energy advisor, as well as Renewable […]
Maldives Launches Tender for 11-14 MW of Solar Projects Across 14 Islands
The Maldives has opened pre-qualification for a tender to develop, finance, construct and operate a solar photovoltaic (PV) power plant with a capacity ranging from 11 MW to 14 MW. Interested parties should file their applications for pre-qualification by 1300 local time on September 9, 2021. The winner will sign a long-term power purchase agreement […]
Maldives Issues Tender For 40MW / 40MWh of Battery Storage
The Indian Ocean island nation of the Maldives has begun tendering for 40MW / 40MWh of battery energy storage systems across several regions. The Republic of Maldives’ government said some of the proceeds of financing it has received from the World Bank to help accelerate renewable and sustainable energy integration will be used to pay […]
Tender for 40 MW/40 MWh of Battery Energy Storage Systems on Selected Islands in Maldives
Supply, Install, Commission, Operate & Transfer of Battery Energy Storage Systems (BESS) on Selected Islands in Maldives Last date to submit the bids is September 2, 2021 The Government of the Republic of Maldives has received financing from the World Bank toward the cost of the Accelerating Renewable Energy Integration and Sustainable Energy Project, and […]
ADB Ramps Up Support for Renewable Energy in Maldives
MANILA, PHILIPPINES: The Asian Development Bank (ADB) has approved a $7.74 million concessional loan and a $2.73 million project grant to scale up the ongoing project, Preparing Outer Islands for Sustainable Energy Development (POISED), which is transforming the existing diesel-based grids into renewable-energy-based hybrid systems covering 160 outer islands in Maldives. The project will expand […]
ADB Inaugurates Project to Replace Diesel Systems with Solar Hybrid Across Maldives
MALÉ, MALDIVES: The Asian Development Bank (ADB) and the Environment Ministry of the Maldives have inaugurated the implementation of a solar–battery–diesel hybrid system in 48 islands under the flagship Preparing Outer Islands for Sustainable Energy Development (POISED) Project to help the country tap solar power and reduce reliance on costly, polluting diesel. The POISED Project […]