Kiribati has no conventional energy resources of its own but has excellent solar potential across all its islands. The Government plans to develop its renewable energy resources to increase reliability and quality of electricity access while reducing its dependence on imported fuel.
To assist with this effort, the Government of Kiribati requested help from the World Bank for the preparation of an Investment Plan to apply for project funding through the Climate Investment Fund’s Scaling Up Renewable Energy Program (SREP). As consultants to the World Bank, we led a team of national and international experts to conduct a renewable energy resource assessment, financial analysis of renewable energy options, and prioritization ranking of technologies. We developed an Investment Plan focused on solar photovoltaics (PV) and battery storage.
We look forward to seeing the investment plan put into action. This is a step in the right direction towards meeting Government’s objectives of promoting sustainable renewable energy development, and providing affordable, cost-effective energy for I-Kiribati people.