News

Green Bonds in Fiji

02-Nov-2017

Fiji's Government raised $40 million when issuing its first Green Bonds on the 1st November, 2017. Fiji become the first emerging market to issue a sovereign green bond, to support climate change mitigation and adaption.The proceeds of the Green Bonds will specifically fund climate resilience projects.Transportation will be a focus area plus other projects as well funded by this green bond.

For more on this story, please click on the attachment below:

Credit: Fiji Times 02/112017

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Samoa: Ready to IMPRESS with Launch of Large-scale Renewable Energy Project

02-Nov-2017

Government of Samoa and the United Nations Development Programme (UNDP) officially launched a multi-million dollar project (dubbed “IMPRESS” - “Improving the Performance and Reliability of Renewable Energy Power System in Samoa”) to enhance sustainable and cost-effective energy production in the Small Island Developing State. The project is set to support the country's efforts towards achieving 100% renewable energy electricity generation by 2025, while also contributing to improved energy for everyday Samoans.

More information of the launch is provided on the link below:

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Manager of PCREEE congratulates CBS Power Solutions (Fiji) Ltd

27-Oct-2017

Suva, Fiji – The manager of the Pacific Centre for Renewable Energy and Energy Efficiency (PCREEE), Mr Solomone Fifita, has congratulated CBS Power Solutions (Fiji) Ltd for being Fiji’s Best Large Business Operating Internationally. The award was presented at the 2017 Prime Minister's International Business Awards held at the Grand Pacific Hotel in Suva on Saturday 21 October 2017.

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Australia and New Zealand Solar and Energy Storage Councils to Assist Pacific Islands with their Sustainable Energy Development

26-Oct-2017

28th August, 2017 The Government of Tonga, in partnership with the Pacific Community’s Centre for Renewable Energy and Energy Efficiency and the Australia and New Zealand Solar and Energy Storage Councils, are spearheading an effort to substantially increase the use of renewable energy in the Pacific Island Countries and Territories (PICTs).

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PRIVATE SECTOR INVESTMENT IS THE WAY TO GO

22-Oct-2017

 

Following five earlier grant aid-funded solar farms, the Kingdom of Tonga finally commissioned its first large scale independent power producer facility on Thursday 19 October 2017 – Matatoa Solar Farm. The 2 megawatt grid-connected solar farm is the first and obviously the largest in the Kingdom to date.

The Nuku’alofa-based Pacific Centre for Renewable Energy and Energy Efficiency (PCREEE) has acknowledged and congratulated Tonga for the right path it has taken and the model it is providing for the Pacific Islands.

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