Myanmar initiates 1 GW solar tender
The government of Myanmar has launched a 1 GW solar tender. Project developers are invited to submit pre-qualifying bids until 18 June 2020 for the construction of 30 ground mounted solar PV plants with capacities ranging from 30 MW to 40 MW. The country will award 20-year power purchase agreements (PPAs) to the selected independent power producers (IPPs) that will develop the project under a build, own and operate (BOO) basis.
The country targets an increase in the share of renewables in electricity production to 8% in 2021 and 12% in 2025. As of May 2020, Myanmar’s solar capacity reaches 88 MW (around 1% of total capacity), the power mix being dominated by hydropower (49%) and gas-fired power plants 37%.
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