On Tuesday, the Ministry of Environment, Climate Change and Technology signed a contract to install 11 MW of solar PV in 6 islands. To this date, this is the largest solar PV contract under the PPA model in the Maldives.
In this project, 11 megawatts of solar PV will be installed in six islands, including 3 cities in Maldives. This comprises of; 3 megawatts in Addu City, 2 megawatts in Fuvahmulah City, 2 megawatts in GDh. Thinadhoo, 1.5 megawatts in Kulhudhuffushi City, 1.5 megawatts in B.Eydhafushi, and 1 megawatt in Lh. Hinnavaru.
This project is given over to Malaysia’s Mega First Power Industries Sdn. Bhd. and China’s Powerchina Huadong Engineering Corporation Limited under contractual agreement between the two companies.
The contract was signed by the Minister of Environment, Aminath Shauna, Goh Chin San from Mega First Power Industries and Song Kin Go from Powerchina Huadong Engineering. Moreover, the power purchasing agreement was Fenaka Corporation’s Director Ahmed Azleem.
The practical work for this project will undertake in Q1 2023. The work will be complete and the power under the project in Q4 2023.
With this project up and running, Maldives will be generating an approximate of 18 million units of solar power per annum. Hence, this will cut diesel purchased in order to generate electricity by an approximate of 4.8 liters, and the cost of purchasing diesel by MVR 39 million.
Moreover, the minister announced that by 2023, power grids will be upgraded and battery energy storage will be installed in these islands.