How much will a solar PV project cost in Solomon Islands?

Component 3: US$ 2.5 million is allocated to add grid-connected solar power to contribute to the overall share of renewable energy in Solomon Islands' energy mix.

Who is financing a solar energy project in the Solomon Islands?

The Asian Development Bank, Saudi Fund for Development, and Solomon Power are all financing the project. A project is now underway on the Solomon Islands to help the country accelerate its renewable energy generation.

Can a solar PV system boost economic growth in the Solomon Islands?

A pilot business model for rooftop solar PV systems will also be trialled at two schools in the country. Shane Rosenthal, ADB’s Pacific liaison and coordination office regional director, believes that upscaling renewable energy generation in the Solomon Islands could help unlock economic growth and prosperity.

Why is the power supply in the Solomon Islands so volatile?

Currently, most of the power in the Solomon Islands is dependent on diesel generated power which uses imported fuel. This volatile energy supply structure is susceptible to soaring fuel prices, and the people want it to be rectified as soon as possible.

Can photovoltaics be used for rural electrification in the Solomon Islands?

The success of the Sukiki project in the Solomon Islands, where photovoltaics are used for rural electrification, has brought delight to the government and people. They hope that continued use of photovoltaics for rural electrification will serve as a beacon of hope, not just for the Solomons but for the rest of the world as well.

How much energy does a PV system generate?

fuel cost of 539,163 US$ is expected to generate the amount of power equivalent to the amount generated by a 1.5 MW grid-connected PV system (2,200 MWh) and 906,774 US$ to generate the amount of power equivalent to the amount generated by a 2.5 MW grid-connected PV system (3,700 MWh).