[SMM PV News] Bhutan Seeks Private Developers for 100 MW Solar Capacity

Published: Apr 1, 2026 09:35

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Bhutan's Ministry of Energy and Natural Resources has issued an expression of interest ('EoI') inviting private developers to build rooftop and ground-mounted solar projects on a build-own-operate basis. Applicants must be locally registered and contribute at least 15% equity. To catalyze investment, a green financing facility will offer a blended package featuring 65-70% senior debt and 15-20% concessional equity. The framework targets 100 MW of capacity across the commercial and education sectors, with the first 'EoI' deadline set for April 30. This initiative aligns with Bhutan's broader energy policy, which aims to scale its solar capacity to 1 GW by 2030 and 5 GW by 2040, following the launch of its first utility-scale plant in 2025.

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