“The Solomon Islands has secured finance to construct a new hydroelectric scheme with the support of Pacific island neighbors, that will help reduce the country’s reliance on imported diesel by almost 70 per cent.
“The Solomon Island government has secured finance arrangements to build the Tina River Hydropower project that will see the construction of a new dam and reservoir, along with a 15MW hydroelectric generation system.
“The project is set to commence construction in early 2020, when complete, the amount of renewable electricity generation in the Solomon Islands will surge from just 3 per cent of current electricity demand to more than two-thirds of the Solomon Islands grid.
“The project will reduce the Solomon Island’s emissions by around 50,000 tonnes a year, and would see the country meet its 2025 emissions reduction target more than twice over.
“The project will also deliver substantially cheaper electricity to the Solomon Islands and will be operated as a public-private partnership, between the Solomon Islands government and the Korean Water Corporation.”
Copyright @ 2019, Solomon Times on Line.
