On 5 August 2020 at the Australia - PNG Virtual Summit, Prime Minister Morrison and Prime Minister Marape confirmed the AIFFP’s financing for PNG’s first utility scale solar farm, and one of the biggest solar farms in the Pacific. AIFFP and PNG officials are working to finalise agreements.
The AIFFP financing for the Markham Valley Solar Project will be part of Australia’s suite of new investments in the energy sector in PNG, valued up to $250 million.
The Markham Valley Solar Project will support reduced costs and increased access to energy, consistent with our commitment under the PNG Electrification Partnership.
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