The Fiji Development Bank is currently progressing with a $10 million (FJ$22.78 million) solar farm project in Bureta, Lau, which is presently undergoing an Environmental Impact Assessment (EIA). Acting CEO Titilia Vakaoca-Kamil informed the Parliamentary Standing Committee on Economic Affairs about the project’s status while presenting the financial reports for 2022 and 2023.
Vakaoca-Kamil noted that the bank has been working closely with the Environment Department to ensure compliance with all necessary assessments and procedures. This particular project, accredited under the Green Climate Fund since 2017, represents a significant investment in renewable energy for Fiji. Initially, there was a change of the site location within the designated area, which required reconfirmation from the Environment Department that the new site meets all environmental conditions.
The solar power system will have a capacity of 4MWp and will occupy 17 acres of land leased from the local villages in Bureta, Ovalau. An innovative aspect of the project is that the land beneath the solar panels will also be used for community farming of root crops and vegetables, creating a dual-purpose use of land that benefits local residents.
This solar farm represents not only a commitment to clean energy but also the potential for local agricultural development, illustrating a model of sustainable growth that harmonizes environmental stewardship with community needs.
This project stands as the first initiative funded by the Green Climate Fund for the Fiji Development Bank, showcasing a successful funding application process that spanned nearly five years. If successfully implemented, this solar farm will contribute to Fiji’s renewable energy goals while promoting community engagement and collaboration.
In summary, the solar project in Bureta is a promising step towards cleaner energy and local economic development, highlighting the importance of sustainability in future developments. The efforts of the Fiji Development Bank in striving for compliance and environmental responsibility is a hopeful sign for both the region and the potential environmental benefits.
Leave a comment