Belize to structure first energy sector PPP with IFC to develop 80 MW solar and storage plant

The IFC is partnering with the Government of Belize to structure and implement a public-private partnership (PPP) for a 50–80 MW solar photovoltaic plant, expected to be operational by 2027. The project also includes a 40 MW battery energy storage system, financed by the World Bank, to support renewable energy integration. This initiative represents Belize’s first energy sector PPP and aims to help the country increase its solar capacity to 180 MW by 2042.

Source: PV Magazine LATAM