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Pacific

IFC and EFL signed landmark agreement for largest solar project in Pacific

1 min read

The FINANCIAL — A landmark agreement between Energy Fiji Limited (EFL) and IFC to deliver the largest solar project of its kind in the Pacific to date has been hailed a transformative step that will take the island nation closer to its goal of sourcing 100 percent of its energy needs from renewable sources. The project, worth around US$15 million, will reduce the country’s dependence on imported fossil fuels and at the same time cut harmful greenhouse emissions, boosting the nation’s resilience in the face of the impacts of climate change. It has the potential to transition as many as…

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IFC and EFL signed landmark agreement for largest solar project in Pacific

1 min read

The FINANCIAL — A landmark agreement between Energy Fiji Limited (EFL) and IFC to deliver the largest solar project of its kind in the Pacific to date has been hailed a transformative step that will take the island nation closer to its goal of sourcing 100 percent of its energy needs from renewable sources. The…