The Solomon Islands Renewable Energy Development Project will finance two solar farms and a utility-scale grid-connected energy storage system on the Solomon Islands. The Asian Development Bank, Saudi Fund for Development, and Solomon Power are all financing the project.
The fourth round of a joint project facility between Irena and the Abu Dhabi Fund for Development that finances renewable energy projects in developing countries has been announced. Solar PV and micro-grid technologies attract the main bulk of funding.
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