Project Summary: The project involves the development of a 36-megawatt (MW) solar power project and 50 megawatt hours (MWh) of battery energy storage solutions across various selected islands in the Maldives. The project also involves grid modernization to integrate variable renewable energy with the grid, which will be financed under the AIIB
Projected to lose 80 percent of its land over the next few decades, the Maldives strengthened its commitment towards climate change and renewable energy targets when President Ibrahim Mohamed Solih announced the country''s ambition to become net-zero by 2030 at the UN Climate Ambition Summit in December 2020.
In addition, SINOSOAR has successfully supplied and installed more than 400,000 sets of off-grid solar power system. These independent solar power systems are providing renewable energy to more than 3 million people to meet their basic needs of electricity.
World Bank-financed projects ASPIRE and ARISE support Maldives'' energy transition by installing more than 53.5 megawatts of solar capacity and 50-megawatt hours of battery storage. This will reduce Maldives'' annual import bill by about $30 million, with a project lifetime saving of $756 million over 25 years.
The 26 island microgrids on the Shaviyani and Noonu Atolls in the north of the Maldives comprise approximately 2.65MW of solar energy capacity and around 3.2MWh of battery storage, with diesel for back-up.
It is one of several outputs from the solar resource mapping component of the activity Energy Resource Mapping and Geospatial Planning Maldives [Project ID: P146018]. This activity is funded and supported by the Energy Sector Management Assistance Program (ESMAP), a multi-donor trust fund
Projected to lose 80 percent of its land over the next few decades, the Maldives strengthened its commitment towards climate change and renewable energy targets when President Ibrahim Mohamed Solih announced the country''s
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