In a significant stride toward sustainable energy transformation, Belize has formally initiated development of a nationwide solar power infrastructure project. The ambitious endeavor, a collaborative effort between Belize Electricity Limited (BEL), the national government, and the International Finance Corporation, aims to establish up to 80 megawatts of large-scale solar generation capacity across multiple strategic locations.
The project advancement commenced with BEL’s issuance of a formal ‘Request for Prequalification’ on January 26th, 2026. This preliminary procurement phase seeks to identify and vet qualified private sector entities capable of developing solar installations at three to four designated sites throughout the country.
The operational framework will follow the Independent Power Producer (IPP) model, wherein selected companies will assume full responsibility for financing, construction, ownership, and long-term operational management of the solar facilities. These private entities will maintain plant operations over a 25-year contractual period, with BEL committing to purchase the generated electricity through power purchase agreements.
This renewable energy initiative represents a cornerstone of Belize’s national energy strategy, which targets generating 75% of the country’s electricity from renewable sources by 2030. The solar expansion is projected to substantially diminish Belize’s reliance on imported electricity while simultaneously enhancing grid stability and power supply reliability for consumers nationwide.
The prequalification stage serves as the critical first filter in the competitive selection process. Only companies demonstrating robust technical expertise, financial capacity, and proven experience in utility-scale solar development will advance to the subsequent phase, where they will be invited to submit comprehensive project proposals.