Bahrain has issued a tender for a 20-year contract to build, own, operate, and maintain grid-connected solar photovoltaic (PV) power panels with a minimum capacity of 72 MWac across several sites in Sakhir.

Yasser bin Ebrahim Humaidan, Bahrain’s Minister of Electricity and Water Affairs, said: 

“The launch of this tender comes as part of the kingdom’s wider vision to adopt a circular carbon economy, to bring carbon emissions in Bahrain to net zero by 2060, in line with its national commitments to protect the environment and combat climate change.”

The tender will help build solar panels in the Bahrain International Circuit, University of Bahrain, Bahrain International Exhibition & Convention Centre, and Al Dana Amphitheatre.

The solar panels will be installed on the rooftops, car park shades, EV charging stations, and the grounds of the above-said facilities.

Bidders must be in the business of solar PV energy and have completed at least ten grid-tied solar PV projects to be eligible for the tender (out of which at least five are solar PV car park projects).

Also, bidders must have built at least 40 MWac grid-connected solar PV projects in any country in the world in the last three years (2019–2021).

The Economic Recovery Plan in Bahrain encourages more than $30 billion to be spent on strategic projects. This opens up new investment opportunities in infrastructure and other key areas across the kingdom.

Recently, Bahrain joined the Industrial Partnership for Sustainable Economic Development. As a major source of raw aluminium and iron ore, Bahrain will raise the total industrial manufacturing value add of the partnership from $106.26 billion to $112.5 billion.

Source: Gulf News

For more investor-related news