The project aims to generate up to 35 megawatts of solar power systems on rooftops of public infrastructure across the country.
Energy security in Bhutan has become a growing concern because of rising electricity demand and insufficient power supply, particularly during the winter season. The project will support the Government of Bhutan’s national priority to enhance the climate resilience of energy systems and address energy security concerns through the diversification of energy source.
The loan agreement was signed by Ministry of Finance Director of Department of Macro-fiscal and Development Finance Tshering Dorji and ADB Country Director for Bhutan Shamit Chakravarti.
The project comes with a technical assistance grant of $1 million from ADB’s Technical Assistance Special Fund and Clean Energy Fund, which is under the Clean Energy Financing Partnership Facility. This will support the development of guidelines to expand rooftop solar investments, promote new solar technologies through a pilot project, enhance local workforce skills, particularly for young people in new business areas related to solar energy, and strengthen the institutional capacity of Druk Green Power Corporation Limited for solar energy development.