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Newly-installed PV panels in Vanuatu

Masdar completes solar power project in Vanuatu

ABU DHABI, UAE, March 8, 2016

Abu Dhabi-based renewable energy company Masdar has recently completed the installation of three new solar photo-voltaic (PV) plants in the Pacific nation of Vanuatu.

This is the sixth Pacific project delivered by Masdar, and is the latest stage of the United Arab Emirates-Pacific Partnership Fund (UAE-PPF), a $50 million initiative managed by Masdar in close coordination with the UAE Ministry of Foreign Affairs. Project funding is provided by the Abu Dhabi Fund for Development.  

Masdar CEO Mohamed Jameel Al Ramahi said: “Secure sources of clean energy are becoming an increasingly critical component of economic and social development. Island nations in the Pacific are especially vulnerable to some of the highest fuel costs in the world due to their dependence on imports. By helping to alleviate their energy burden, we are enabling these Pacific nations to allocate more of their resources to accelerating economic growth and maximising the potential of their inhabitants.”

“The continued success of the United Arab Emirates-Pacific Partnership Fund is tangible evidence of Masdar’s ability to develop workable renewables solutions and deploy them in the service of the UAE’s bilateral partnerships with countries around the world. We have already helped to make a real difference in the six countries we are currently partnering, and we believe this partnership fund could provide a model for similar agreements around the world,” he added.

Vanuatu is a nation of 82 islands with a population of 225,000. Port Villa, one of the more densely populated islands, is home to 44,000 people, of whom only 27 per cent have access to electricity.

The solar PV installations in Vanuatu consist of 644kWp ground-mounted and car park structures at the Parliament House premises, and a 123kWp ground-mounted installation at the Meteorology and Geo-Hazard Department building.

The new plants in Vanuatu will help to increase the share for renewable energy in power generation, displace 896 tonnes of CO2 emissions and save 324,000 litres of diesel fuel worth $378,000 per year (at 2015 prices). The project also provides the added benefit of shaded parking for up to 112 cars.

The UAE-Pacific Partnership Fund was launched in response to the identification of renewable energy as a key growth enabler at the January 2012 Pacific Leaders’ Meeting of the International Renewable Energy Agency (Irena). Masdar works with each nation’s government to co-design and implement the projects, which enhance economic growth and sustainability by reducing dependency on fossil fuels, cutting carbon-dioxide emissions and improving access to electricity.

To date, the UAE-Pacific Partnership Fund has enabled the generation of a total of 2.8 megawatts of renewable energy capacity and replaced a total of 1.5 million litres of imported diesel fuel. The combined output of the projects has saved $2 million per year and also eliminated 4,157 tonnes of CO2 emissions annually. -TradeArabia News Service




Tags: solar | Masdar | partnership | PV | photo | Pacific | Vanuatu |

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