Belize has embarked on a transformative journey toward energy sustainability with the official launch of a pioneering solar initiative. Spearheaded by Belize Electricity Limited (BEL) in collaboration with the Government of Belize and the International Finance Corporation, this project represents a cornerstone of the nation’s renewable energy strategy.
The ambitious program, operating under the World Bank Group’s Scaling Solar framework, seeks to integrate up to 80 megawatts of solar capacity into Belize’s national grid. This development marks a significant advancement toward the country’s commitment to source 75% of its electricity from renewable sources by 2030.
Dr. Leroy Almendarez, CEO of the Ministry of Public Utilities, Energy and Logistics, provided exclusive insights into the project’s procurement mechanism. The current phase involves a Request for Qualification (RFQ) process open until March 27th, inviting both domestic and international developers to participate as independent power producers.
“The prequalification process functions similarly to a job application shortlisting,” explained Dr. Almendarez. “Successful bidders will be responsible for constructing, operating, and maintaining solar facilities, with BEL serving as the primary power off-taker.”
Notably, the initiative emphasizes local investor participation, encouraging Belizean businesses to form consortia to meet technical and financial requirements. This approach aims to ensure community involvement while building domestic expertise in renewable energy infrastructure.
The project’s next phase will involve tariff negotiations between selected developers and BEL, ultimately determining electricity rates for consumers. This strategic move positions Belize to secure more affordable, sustainable energy while reducing dependence on fossil fuels.