Financing for Nauru Off-Grid Solar Container Single-Phase Project

4 FAQs about [Financing for Nauru Off-Grid Solar Container Single-Phase Project]

Who is responsible for the solar power development project in Nauru?

The Department of Finance is the executing agency, and the Nauru Port and Maritime Authority is the implementing agency, responsible for managing the project to completion. The Solar Power Development Project is funded through a USD22 million grant facility from the ADB.

How is the solar power development project funded?

The Solar Power Development Project is funded through a USD22 million grant facility from the ADB. A 2.5-megawatt-hour (MWh), 5 MW battery energy storage system (BESS) to enable smoothing of intermittent solar energy.

What is Nauru Utilities Corporation (NUC) project?

The project will also support the institutional strengthening of Nauru Utilities Corporation (NUC). The project is expected to be completed by 31 August 2023. Nauru has entered an agreement with the ADB to deliver the East Micronesia Cable System (EMCS) project.

What are the key development projects in Nauru?

These include: The Department is also the executing agency for key development projects related to: The Nauru Sustainable Climate Resilient Project (known as the Port Project) is a grant aid project co-financed by the Asian Development Bank (ADB), the Green Climate Fund, the Government of Australia and the Government of Nauru.

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