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Maldives: Solar Power Development and Energy Storage Solution - P172788
Details
Project End Date:
2027-12-31
Location:
Maldives
Contract type:
Goods, Works, Consulting services, Non-consulting services
Status:
Approval
Sectors:
Energy, Pollution & Waste Management (incl. treatment)
Languages:
English
Contracting authority:
Funding Agency:
Contracting authority type:
Government / Public Sector
Eligibility:
Unknown
Budget:
USD 107,400,000
Date posted:
May 21, 2020
Associated tenders
Hidden
Description
OBJECTIVE
To increase generation capacity from renewable energy sources and to facilitate the integration of renewable energy through battery energy storage solutions.
DESCRIPTION
The Project involves the development of 36 MW solar power proje
Hidden
Contact Details • 3
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tender Background
About the Funding Agency
World Bank Group HQ
The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
About the Sectors
Energy
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Key areas:
- Renewable and non-renewable energy production
- Energy infrastructure and distribution systems
- Power generation and energy supply solutions
Pollution & Waste Management (incl. treatment)
Includes initiatives aimed at reducing environmental pollution and improving the collection, treatment, and disposal of waste.
Key areas:
- Pollution prevention and environmental protection
- Solid and liquid waste management
- Recycling and waste treatment solutions
- Environmental clean-up and remediation projects
Locations
Maldives
The Maldives prioritizes transport connectivity, coastal protection, renewable energy, and tourism-related infrastructure to support its island-based economy. Major investments focus on airport expansion, inter-island bridges, port facilities, and climate-resilient infrastructure to address rising sea levels. Financing relies on public funds, sovereign borrowing, and foreign partnerships, particularly from regional partners. Debt sustainability, environmental vulnerability, and limited domestic revenue capacity remain key challenges for long-term infrastructure development.
Nr. of tenders: 7141
Nr. of grants: 2335
Nr. of donors: 419
Nr. of jobs: 17
Nr. of tenders: 7141
Nr. of grants: 2335
Nr. of donors: 419
Nr. of jobs: 17
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