Fiji has released a new tender inviting companies to express interest in constructing four ground-mounted solar projects with a total capacity of 31.93 MW.
Energy Fiji Limited Launches Tender for Solar PV Projects
Energy Fiji Limited — a partially state-owned company — announced a tender inviting companies to bid on developing two solar PV projects: a 21.93MW installation on Viti Levu and a 10MW installation with a co-located energy storage component on Vanua Levu. These projects will be executed through a public-private partnership.
Viti Levu, the larger of the two islands and home to the capital, Suva will host three of the four projects under the tender. These projects will be developed in Tavua (9.460MW), Ba (7.095MW) and Qeleloa (5.375MW) all situated in the island's northwestern region.
Bidder to Develop Solar PV Projects on 28.51 Hectares in Fiji
The projects will occupy approximately 28.51 hectares of land and the chosen bidder will be responsible for developing, operating and maintaining the ground-mounted solar project installations.
Energy Fiji stated that the bidder will be chosen through an international open competitive bidding process, following the procedures outlined in the Request for Tender (RFT). After selection, power purchase agreements (PPAs) and sub-lease agreements for each project site will be negotiated with Energy Fiji to proceed with the implementation.
Fiji Issues First Green Bond, Raising FJD100 Million
Fiji became the first emerging market to issue a green bond to support climate change mitigation and adaptation. With support from the World Bank, Fiji's Reserve Bank issued a sovereign green bond, raising FJD100 million (US$50 million).
The funds will be used to enhance resilience against climate change impacts and support Fiji's goal of achieving 100% renewable energy by 2030.
Fiji is highly susceptible to climate change effects, with nearly 20% of the population in the Pacific Islands facing the threat of displacement.