Construction of energy storage project in vanuatu begins

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Construction of energy storage project in vanuatu begins

6 FAQs about [Construction of energy storage project in vanuatu begins]

What is the energy access project in Vanuatu?

The project will assist Vanuatu install hydropower generation to replace diesel generation in Malekula and will extend the distribution grid in both Malekula and Espiritu Santo. Project preparatory technical assistance was used in project preparation. Energy Access Project: Audited Project Financial Statements (January-December 2021)

How much money did the Vanuatu power project get?

The project began in 2017 with $15.1 million funding from ADB, the Strategic Climate Fund, and the Government of Vanuatu. In 2021, ADB provided a $6 million grant and the Government of Vanuatu contributed $1.2 million to upgrade power distribution networks from a single wire to a three-phase system.

What is the impact of low access to electricity in Vanuatu?

Project preparatory technical assistance was used in project preparation. Access to electricity nationwide in Vanuatu is low (33%), however drops even further in rural areas. Low access to reliable, affordable electricity has negative impact on the livelihoods of households, particularly rural households.

How does reliance on fossil fuels affect Vanuatu's economy?

Over-reliance on imported fossil fuels (diesel) also has a negative macro-economic impact. In order to address these issues, the Government of Vanuatu has requested ADB to support development of least-cost renewable energy (hydropower) and grid extensions in targeted provincial centers.

Does Vanuatu have electricity?

Access to electricity nationwide in Vanuatu is low (33%), however drops even further in rural areas. Low access to reliable, affordable electricity has negative impact on the livelihoods of households, particularly rural households. Where electricity is available in the provinces, it is largely diesel generated.

Who owns ADB in Vanuatu?

Established in 1966, it is owned by 68 members—49 from the region. ADB has joined the Government of Vanuatu and members of the Santo Community in a groundbreaking ceremony, marking the start of construction of around 22 kilometers of transmission lines in Espiritu Santo that form part of the ADB-supported Vanuatu Energy Access Project.

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