Solar Power Development Project (ADB-48346-002)

Countries
  • Solomon Islands
Geographic location where the impacts of the investment may be experienced.
Specific Location
Kirakira, Lata, Malu’u, Munda, and Tulagi
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 21, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Solomon Islands
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 2.24 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 8.44 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jun 26, 2020

Disclosed by Bank Sep 30, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The project will support the development of renewable energy in Solomon Islands to (i) decrease the cost of generating electricity by replacing diesel power generation with cheaper solar power and (ii) reduce greenhouse gas emissions. The project will be financed through an Asian Development Bank (ADB) grant and an externally financed grant that ADB will administer.

The project will increase renewable energy generation in five of the eight Solomon Island provincial grids: Kirakira, Lata, Malu’u, Munda, and Tulagi. The project will help the country replace diesel generation with solar power hybrid grids including battery storage. This will be the first solar power project in Solomon Islands supported by battery storage. Following the project, solar power will generate about 78% of the electricity in the five targeted provincial grids. Project preparatory technical assistance was used in project preparation.

The project will have two outputs:
(i) Five grid-connected solar power plants. The project will construct a total of 2 MW of grid-connected solar power generation at five provincial grids. Solar power capacity will be installed at Kirakira (320 kilowatts [kW]), Lata (290 kW), Malu’u (140 kW), Munda (1,000 kW), and Tulagi (250 kW). The project will include the installation of battery storage, which will allow high penetration rates of intermittent solar power. Battery storage sizing has been optimized and will replace from 66% to 87% of diesel generation at each site.11 The project will include innovative technology in remote monitoring and control of the hybrid systems.

(ii) Capacity building. A training program will be conducted for Solomon Power operators on O&M of small grid-connected solar–diesel hybrid systems.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Strategic Climate Fund US$ 6.20 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Ministry of Mines, Energy and Rural Electrification
P.O Box G37,
HONIARA, Solomon Islands

ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main

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How it works