Technical FAQs 3

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.

How is the Solomon Islands project funded?

The project is being funded by a $10 million concessional loan and a $5 million grant from the Asian Development Bank (ADB), while the Saudi Fund for Development and state-owned Solomon Power are providing $10 million each. The government of the Solomon Islands is providing $7 million.

What is the power generation capacity of Solomon Islands?

The power generating capacity of the Solomon Islands is currently 10.2 MW, which is equal to its peak load capacity. One mining company in the Solomon Islands generates its own electricity with a power capacity of 11 MW and a peak load of 8 – 9 MW.

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Solomon Islands Pumped Storage solar Power Station

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Solomon Islands solar system components

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Saudi Arabia Invests in Solar and Storage

May 14, 2025 · Discover how Saudi Arabia is transforming the energy landscape in the Solomon Islands through substantial investments in

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Feb 27, 2025 · The Solomon Islands Renewable Energy Development Project will finance two photovoltaic (PV) parks and a utility-scale grid

Solomon Islands Photovoltaic (PV) Project

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