Kiribati is a low-lying nation composed of 33 atolls located in the central Pacific Ocean. With a population of just over 110,000, Kiribati is threatened by rising sea levels caused by climate change.
The Banco Asiático de Desarrollo selected OCA Global to provide consulting services for the South Tarawa Renewable Energy Project (STREP) to support the scaling up of solar power generation in Kiribati. The project includes investment in 4.1 MW of solar PV and 1.9 MW (2.6 MWh) of battery energy storage system and will reduce dependence on fossil fuel imports by increasing the share of renewable energy (RE) in electricity generation. The technical assistance will be used to develop Kiribati's enabling legal and regulatory framework to encourage future private sector participation in renewable energy, build the capacity of key stakeholders in the energy sector, and undertake all necessary due diligence, including grid integration and feasibility studies to ensure a well-prepared project.