Kiribati is a low-lying nation comprised of 33 atolls located in the central Pacific Ocean. With a population of just over 110.000, Kiribati is under threat from rising sea level caused by climate change.
The Asian Development Bank selected EQO-NIXUS to provide its consulting services within the project South Tarawa Renewable Energy Project (STREP) to support upscaling of solar power generation in Kiribati. The Project includes investment in 4,1 MW of solar PV and 1,9 MW (2,6 MWh) of battery energy storage system and will reduce dependence on fossil fuel imports by increasing the renewable energy (RE) percentage of electricity generation.
The TA will be used to draft Kiribati’s enabling legal and regulatory framework to encourage future private sector participation in renewable energy, provide capacity building to key energy sector stakeholders, and conduct all required due diligence including grid integration and feasibility studies to ensure a well-prepared Project.