Environment Impact Statement 2019 (EIS) available for Public Comment

Environment Impact Statement 2019 (EIS) available for Public Comment

On 31 May 2019, the Director of the Environment and Conservation Division approved Tina Hydropower Ltd’s (THL’s) Environmental Impact Statement (EIS) for public comment under sections 22 and 24 of the Environment Act. The EIS supports THL’s development consent application for the construction of the access road and main Project works including the dam, reservoir, power station and tunnel. The EIS is now open for public comment until 29 June 2019 in accordance with the formal approval process provided under the Environment Act. A copy of the EIS document is available and can be viewed or downloaded from our website by following this …

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Third Release in the Tina Hydro Video Series: Powerless – The Challenge Facing Businesses in Solomon Islands

Powerless - The Challenge Facing Businesses in Solomon Islands

A series of short clips have been prepared about Tina River Hydro and its importance to Solomon Islands. The third story in the series has been released: ‘Powerless: The Challenge Facing Businesses in Solomon Islands’. It shares the story of Toata Molea, a Honiara businessman who is struggling under the high cost of electricity provided by Solomon Power.

GREEN Climate Fund (GCF) will soon release USD$86 million for the Tina Hydro Project

GREEN Climate Fund (GCF) will soon release USD$86 million for the Tina Hydro Project

GREEN Climate Fund (GCF) will soon release USD$86 million (SBD$669,010,391.46) for the much-awaited Tina Hydro Project in central Guadalcanal. This followed the signing of an Accreditation Master Agreement (AMA) between GCF and the World Bank, Monday, on the margins of the 23rd climate change summit currently underway in Bonn, Germany. “The signing of the AMA opens the way for GCF to transfer its funding support to Tina Hydro Project in Solomon Islands.” GCF Executive Director Howard Bamsey. “The GCF and the World Bank share an understanding about the vital need to finance innovative infrastructure and clean technologies in developing countries …

Read moreGREEN Climate Fund (GCF) will soon release USD$86 million for the Tina Hydro Project

Energy Minister Confirms Tina Agreements in 2017

Energy Minister Confirms Tina Agreements in 2017

Minister for Energy, Honourable Bradley Tovosia has confirmed the government’s intention to ensure that the key Tina Hydro project agreements are concluded in 2017. He made these commitments during a series of high-level meetings with project funders and partners in Korea during early October. During his visit, Minister Tovosia met with senior officials of the Green Climate Fund (GCF) Secretariat as well as the Executive Director of the Korean Economic Development Cooperation Fund (EDCF). GCF and EDCF are two major funders of Tina Hydro, together with the World Bank, Government of Australia and IRENA. ADB is anticipated to be another …

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Renewable energy a step closer for Solomon Islands as World Bank Group approves support to Tina River Hydro

Renewable energy a step closer for Solomon Islands as World Bank Group approves support to Tina River Hydro

US$33.6 million approved towards major renewable energy project in Pacific nation burdened with some of the world’s highest electricity costs Reliable renewable energy is a step closer for Solomon Islands, a country facing some of the world’s highest per capita energy costs, following the World Bank Group’s commitment to the Tina River Hydro renewable energy project. The Board of Executive Directors of the World Bank today approved US$33.6 million in funding for the Tina River Hydropower project in the Solomon Islands, which aims to reduce the cost of electricity and end the country’s near-total reliance on diesel fuel for power. …

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Team of Korean Technical Experts on Planning Mission in Honiara for Tina Hydro (August 2017)

Team of Korean Technical Experts on Planning Mission in Honiara for Tina Hydro (August 2017)

A large team of technical experts from Kwater Corporation and Hyundai Engineering (HEC) is currently in the country to progress engineering planning for the Tina Hydro Project. Kwater and HEC are the developers selected by Solomon Islands Government through an international tender process held in 2015. The team will be involved in analysing the network and current powerhouse of Solomon Power as well as other engineering details of the Tina Hydro Project. The team has made a technical visit to the water resources and seismology division of Ministry of Mines, Energy and Rural Electrification (MMERE). The team also made a …

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Korea commits US$31.6 million for Tina River Hydro

Korea commits US$31.6 million for Tina River Hydro

Reliable renewable energy is another step closer for Solomon Islands with the Tina River Hydro Development Project receiving a commitment of $31.6 million in funding support the Government of Korea. This funding from Economic Development Cooperation Fund (EDCF) was approved by the Ministry of Strategy and Finance of Korea. The US$31.6 million is a loan to the Solomon Islands Government and will go towards the debt financing of a Project Company. The EDCF is the Korean Government’s fund for promoting economic development in developing countries and its contribution will support the construction of the Tina hydropower facility. Tina River Hydro …

Read moreKorea commits US$31.6 million for Tina River Hydro

Australia commits AUD 17 million for the Tina River Hydro Project

Australia commits AUD 17 million for the Tina River Hydro Project

Solomon Islands is one step closer to cheaper and more reliable electricity that will boost business activity and improve people’s lives. Australian Minister for International Development and the Pacific, Senator the Hon Concetta Fierravanti-Wells announced today that Australia has committed up to AUD 17 million for the Tina River Hydropower Development Project (Tina River Hydro). Australia will support the construction of the access road to the project site in East Guadalcanal and technical assistance for the Solomon Islands Government to manage the project’s implementation. “Australia is proud to support this major nation-building project,” Minister Fierravanti-Wells said, “Tina River Hydro has …

Read moreAustralia commits AUD 17 million for the Tina River Hydro Project