The energy sector in Belize offers significant opportunities to reduce local GHG emissions. Recognizing this; the Government of Belize (GoB) aims to increase the integration of renewable energy (RE) projects into its energy matrix and gradually reduce its reliance on energy imports from Mexico; which currently account for about 37% of total electricity consumption. The GoB envisions expanding clean energy development and bolstering the climate resilience of its electricity system.To achieve its Nationally Determined Contributions (NDC) by 2030; the GoB seeks to expand its solar PV energy production capacity. To this end; the GoB has approached IFC's PPP Transaction Advisory team (CTA) to serve as a transaction advisor to the Ministry of Finance (MoF or the Client) in identifying a private sector operator to develop; construct; and operate grid-connected solar PV installations on an Independent Power Producer (IPP) basis (the “Project”). The Project's total expected installed capacity; currently envisioned to be in the range of 30-50MW spread across up to two sites; will be determined at the conclusion of the due diligence phase.IFC will assist the Client in structuring and implementing the Project in a manner that achieves the objectives of the Client; provides for a fair and transparent selection process; and brings the greatest economic and social benefits possible to the Project. The Project will be divided into three phases. It is envisaged that Phase 0: will entail site visits and initial screening and should take approximately 2 months to complete; from the date that the date the complete advisory team would have been mobilized.Phase I: Diagnostic & Transaction Structuring will take approximately 10 months; from the date that the complete advisory team would have been mobilized. Phase II: Transaction Implementation is expected to take approximately 8 months to complete; from the time the Client notifies IFC of the strategic decisions taken at the end of Phase I. This phase will end with the satisfactory legal and commercial closing of the Transaction.A technical consultant (the “Consultant”) will be retained by IFC Advisory in relation to the Project to undertake the scope of work detailed in the terms of reference (“ToRs”) below. The Consultant will be part of the IFC Advisory’s transaction team and will work under IFC Advisory coordination in collaboration with other IFC-hired consultants for the Project.The work to be performed under the IFC Advisory mandate is expected to start in September 2024 and to be carried out as mentioned above; in three phases over a tentative 18-month tentative timeframe. The three phases would entail the activities presented in a table below included in to the TOR attached to this Selection. It is anticipated that the execution of the three phases will sometimes overlap; and some activities will have to be conducted in parallel.