Solomon Islands' Tina River hydro reaches FID

THE long-awaited Tina River Hydropower project in Solomon Islands has reached final investment decision, with the help of a US$200 million financing package from the Green Climate Fund, the Australian government and the International Finance Corporation.

Solomon Islands' Tina River hydro reaches FID Solomon Islands' Tina River hydro reaches FID Solomon Islands' Tina River hydro reaches FID Solomon Islands' Tina River hydro reaches FID Solomon Islands' Tina River hydro reaches FID

US$200 million funding package secured

 
The hydropower dam is expected to cut the Solomon Islands' reliance on notoriously expensive imported heavy fuels and reduce greenhouse gas emissions, shifting the capital Honiara to roughly