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First two off-grid renewable energy partnerships in the Pacific and Timor-Leste announced

First two off-grid renewable energy partnerships in the Pacific and Timor-Leste announced

The first two Off-Grid Renewable Energy Partnerships for the Pacific and Timor Leste through the Australian Infrastructure Financing Facility for the Pacific (AIFFP) have been announced.

Through these two partnerships, AIFPP will invest $854,500AUD in the delivery of reliable and sustainable renewable energy to remote and rural communities in Papua New Guinea and the Solomon Islands.

It includes:

  • $609,500AUD investment in accelerating access to renewable energy and jobs for remote Papua New Guinea communities through a partnership between Sola Paygo, MiBank and the Australian government. This partnership was announced through a joint communique between Prime Minister Albanese and Papua New Guinea Prime Minister Hon James Marape MP.
  • $245,000AUD investment in generating energy security for essential healthcare in the Solomon Islands through a partnership between Superfly Limited, the Good Samaritan Hospital and the Australia Government, announced by Minister Pat Conroy, Minister for International Development and the Pacific.

The Off-grid Renewable Energy Partnerships are part of the Australian government’s Pacific Climate Infrastructure Financing Partnership (PCIFP) initiative to expand AIFFP’s climate investments by partnering with businesses to deliver reliable and sustainable renewable energy to remote and rural communities in the Pacific and Timor-Leste, implemented by the Business Partnerships Platform (BPP). 

Potential partners were invited to apply between 23 August and 23 October 2023, with 74 applications from nine different countries received by the closing date.

Further partnerships will be announced soon.

Find out more about the partnerships here.