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Fiji Agrophotovoltaic Project in Ovalau

Geography
Approval FY
2020
Fund
Green Climate Fund
Fund Spend
$2,600,000
Co-Financing
$6,400,000

Documents

Summary

Fiji produces over half of its electricity from hydropower. However, the volatility of annual rainfall in recent years, along with an increase in climate variability, has compounded problems caused by the lack of a stable electricity supply. This project aims to overcome barriers of financing, technical capacity, and limited availability of land by supporting an innovative technology that combines photovoltaic power generation and agricultural production. It will do this by financing a 4 MW solar agrophotovoltaic (APV) system and 5MW battery energy storage system (BESS) in Ovalau, Fiji’s sixth largest island. It will develop solar power generation simultaneously with battery storage and, as a co-benefit, boost local agricultural production. A key feature of this initiative is the way it will provide technical assistance to strengthen the capacity of local communities while also establishing a climate project financing facility within Fiji's Development Bank (FDB).

About this project

Approval FY
2020
Fund
Green Climate Fund
Fund Spend
$2,600,000
Co-Financing
$6,400,000
Status
Under Implementation
Theme
Mitigation
Implementing Agency
Fiji Development Bank
Sector
Private
Result Area
Energy generation and access
Type
Project
Topics
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 Topics mentioned most in this project  
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

Note

Green Climate Fund Projects

Project information is sourced from Green Climate Fund. Please check terms of use for citation and licensing of third party data.