Solar project gets green light in Fiji

Ba is poised to become a hub for a significant renewable energy initiative, projected to add 100 megawatts to Fiji's national power supply. Energy Fiji Limited (EFL) has joined forces with Neoteric Investments (Fiji) Pte Limited to establish a solar and battery storage facility.

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The agreement shows private sector confidence in Fiji’s renewable energy future.

A Memorandum of Understanding, signed in Suva, outlines the initial steps for both companies. They will conduct thorough technical, financial, and regulatory assessments before finalizing a Power Purchase Agreement. EFL emphasizes that this project is crucial for strengthening energy security by increasing the proportion of electricity generated from renewable sources and enhancing the overall reliability of the national grid.

The solar farm will be complemented by a Battery Energy Storage System. This system will enable the storage of solar power generated during daylight hours for use during periods of high demand. EFL and Neoteric are targeting the finalization of the Power Purchase Agreement within the next six months. Following financial close, construction is expected to commence, with the project aiming for completion within a 24-month timeframe.

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He said the project was a major step in turning EFL’s renewable energy plans into actual infrastructure that will benefit electricity consumers.

Fatiaki Gibson, EFL's Chief Executive Officer, highlighted that the agreement signifies strong private sector confidence in Fiji's renewable energy sector. He described the project as a pivotal step in transforming EFL's renewable energy aspirations into tangible infrastructure that will directly benefit electricity consumers across the nation. Gibson further noted EFL's ongoing collaborations with the government, development partners, and investors to build a more resilient, reliable, and cleaner energy system.

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Gibson says EFL is working with Government, development partners and investors to build a power system that is more reliable, resilient and powered by cleaner energy.