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THE WORLD BANK GROUP has floated a tender for Renewable Energy Development in Cabo Verde. The project location is Cape Verde and the tender is closing on 11 Mar 2024. The tender notice number is 0002007203, while the TOT Ref Number is 97534175. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : Cape Verde
Summary : Renewable Energy Development in Cabo Verde
Deadline : 11 Mar 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 97534175
Document Ref. No. : 0002007203
Competition : ICB
Financier : World Bank (WB)
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Expression of Interest are invited for Renewable Energy Development in Cabo Verde
Cabo Verde is highly dependent on imported fossil fuels for energy production (83.2%) with direct impact on high electricity tariffs and the competitivity of the economy. The country has significant solar and wind resources, which would allow for development of renewable energy. A National Program for Sustainable Energy (NPES) was launched within the framework of the country-s Strategic Plan for Sustainable Development (2017-2021). NPSE aims to accomplish the transition to a secure, efficient and sustainable energy sector, reducing dependence on fossil fuels and ensuring universal access to electricity and energy security. NPES is focused on five key areas: (i) institutional strengthening and improvement in business environment; (ii) energy market reform; (iii) investment in strategic infrastructure; (iv) renewable energy development; and (v) promotion of energy efficiency.
The objective of the proposed consultancy is to undertake a preliminary market assessment of large-scale renewable energy program in Cabo Verde and assess sustainable business models for rooftop solar, solar thermal heating and cooling. The analysis will support Cabo Verde-s energy transition pathway, specifically the achievement of the objectives stipulated in the Master Plan for the Power Sector (2018-2040) to reach 54% renewable generation by 2030. The assignment comprises four activities: (i) technical support for utility scale-renewable energy pipeline development; (ii) strategic support on renewable energy project bankability, including design of a risk mitigation facility to address the off-taker risk; (iii) sustainable business models for investments in rooftop solar photovoltaic, solar thermal heating and cooling; (iv) maximization of socio-economic benefits of renewable energy development.
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