The International Renewable Energy Agency and Abu Dhabi Fund for Development are teaming up to provide US$15 million to construct a hydroelectric plant in the Solomon Islands.
IRENA said the plant will “diversify the country’s energy mix, provide renewable energy access to 5,000 people, create around 400 jobs and avoid 44,000 tonnes of CO2 emissions per year.”
Neither IRENA nor ADFD have named the project that will be funded. However, HydroWorld.com reported in 2014 that the country’s government was looking to pre-qualify developers for the 20-MW Tina River plant, which is currently undergoing environmental and social impact studies.
The project is one of four renewable plants being funded through $44.5 million in IRENA/ADFD money. Also receiving assistance are solar projects in the Marshall Islands, Niger and Seychelles.
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