Energy Fiji Limited (EFL) and the International Finance Corporation (IFC) of World Bank is set to deliver the largest solar project of its kind in the Pacific.
The project, worth around US$15 million, will reduce the country’s dependence on imported fossil fuels and at the same time cut harmful greenhouse emissions, boosting the nation’s resilience in the face of the impacts of climate change. It has the potential to transition as many as 14,000 households to solar energy.
The agreement allows EFL and IFC, a member of the World Bank Group, to now move forward with the selection of a private-sector partner in the project to deliver at least 15 megawatts (MW) of solar power to the national grid. IFC will also assist EFL in exploring potential renewable energy sources in Vanua Levu.
IFC has been supported by the governments of Australia and New Zealand through the Fiji Partnership and the Danish Government to carry out this solar project in Fiji.
Country updates
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January 30, 2019
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