News
12 May 2020

Micronesia launches tender for utility scale solar-plus-storage

In:
Renewable energy
Region:
Asia-Pacific

The government of the Federated States of Micronesia has launched a tender for construction of several solar plants linked to energy storage systems. 

The first of two lots concerns an 800 kW/800 kWh storage system to be connected to a power station owned by the Yap State Public Service Corporation utility. plus a 300kW rooftop solar system and a 1.6MW ground-mounted solar plant, all on the island of Yap. 

The second project, on the island of Kosrae, involves 1MW of ground-mounted and rooftop solar capacity and a 60kW, solar-based minigrid coupled with 30 kW/160 kWh of storage. 

Construction of the facilities is expected to require around $15 million and developers can submit bids until 13 July. The project is being backed by the Asian Development Bank.

You might also like


Perspective
30 June 2026

Sofia Airport marks a Bulgarian bank-bond first

The refinancing for Bulgaria’s Sofia Airport combines long-dated institutional capital, a DFI anchor commitment and flexible bank funding. Where asset quality, sponsorship and...

Video
06 July 2026

InfraCredit: Unlocking Domestic Capital for Nigeria’s...

In this episode of Uxolo: In-Depth With, Jessica Brown speaks with Chinua Azubike, CEO of InfraCredit, about how credit enhancement, local currency financing and institutional...