ADB helps finance solar energy project in Nauru
The Asian Development Bank and the Government of Nauru have signed a $22 million grant for a project that will fund the delivery of reliable, affordable, secure, and sustainable solar energy.
Nauru's government will contribute $4.98 million towards the Solar Power Development Project.
The funds will finance a 6MW grid-connected solar power plant and a 2.5MW-hour, 5MW battery energy storage system to help supply continuous power even when solar energy is interrupted by cloud cover.
The system will be fully automated and integrated with the existing diesel system to optimize solar energy use, enable optimal battery energy storage system charging and discharging, and allow optimal shut-off of the diesel engines. This will reduce Nauru’s reliance on diesel for power generation and decrease production costs.
