Australia, through the Australian Infrastructure Financing Facility for the Pacific (AIFFP), is contributing approximately SBD$180 million to the transmission line project through a combination of concessional financing and grant funding.
Minister for Mines, Energy and Rural Electrification Hon. Derek Manuari said the project would deliver long-term benefits for Solomon Islanders.
“Today’s milestone brings Solomon Islands closer to a future powered by cleaner, more affordable and more reliable energy,” the Minister said.
“The Tina River Hydropower Development Project will strengthen our energy security, reduce dependence on imported diesel and help lower electricity costs for families, businesses and government services.
“We value the strong partnership between the Solomon Islands Government, Solomon Power, Australia and all project stakeholders working together to deliver this transformative investment.”
Australian High Commissioner Jeff Roach said the project demonstrated the strength of the Solomon Islands-Australia partnership.
“The Tina River project is Australia’s largest climate-finance investment in the Pacific and reflects our long-term commitment to supporting Solomon Islands’ development priorities,” High Commissioner Roach said.
“This transmission line will help provide cheaper, cleaner and more reliable electricity for Solomon Islanders, supporting economic growth and improving everyday lives.”
Solomon Power Board Chair David Quan said the transmission line would play a vital role in connecting renewable energy to consumers.
“The transmission line is the link between the renewable energy generated at Tina River and the people and businesses who will use it every day,” Mr Quan said.
“Once complete, it will improve the reliability of electricity supply and support a more sustainable electricity system for Solomon Islands.
“We are pleased that construction is now underway and look forward to working closely with our partners to deliver this important infrastructure.”
The Tina River Hydropower Development Project is the largest renewable energy initiative in Solomon Islands. Beyond providing cleaner energy, it is creating jobs, strengthening local skills and supporting economic growth.
More than 190 Solomon Islanders are currently employed across the broader project, with additional employment opportunities expected as construction progresses. The project also includes initiatives that support education, training and safe employment opportunities for women and girls.
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AHC statement
