The Republic of Maldives has reopened a tender process, seeking to procure 40MWh of battery energy storage systems (BESS) in an energy transition project supported by World Bank funding.

The South Asian island nation’s Ministry of Environment, Climate Change and Technology announced the reopening this morning. Eligible bidders have been given until 1pm local time on 27 October 2022 to submit their completed bids but must register with the Maldives Ministry of Finance between 4 August and 20 October first.

Financing support has been approved from the World Bank through its Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) Project for the country and the Maldives government will apply part of that funding towards the cost of making payments to BESS providers under contract.

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Source: Energy Storage News

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