BY NED GAGAHE
The Tina River Hydropower Project officially commenced construction, marking a significant milestone in the Solomon Islands’ journey toward energy independence.
Prime Minister Manele was joined by K-Water Chief Executive Officer (CEO) Dr Yun Seog Dae, Deputy Prime Minister Bradley Tovosia and other key government officials, stakeholders to witness the landmark ceremony on November 4 2024 at the project site.
This ceremony marks the official start of the “dam and powerhouse construction”, paving the way for a significant boost in renewable energy for the Solomon Islands.
The total project cost is approximately USD 211 million, and the hydropower plant is designed to have a total capacity of 15 MW, with an estimated annual power generation of 78 Giga Watt Hours.
Key Infrastructure includes a 71.5-metre-high and 234-meter-wide dam and a 3200 metres-long water conveyance tunnel, alongside the construction of the access road. which is also ongoing.
Delivering his keynote address Prime Minister Jeremiah Manele highlighted the project’s collaborative spirit, celebrating the partnerships among the government, international stakeholders, tribal leaders, and local communities.
He reaffirmed the government’s commitment to reforming the energy sector and highlighted the project’s role in delivering sustainable energy solutions that will drive economic growth and enhance the quality of life for citizens.
The project aims to supply nearly 68 percent of Honiara’s energy needs through renewable sources, reducing reliance on imported fuels.
“Tina Hydro is a testament to the strength of partnership and shared purpose between the government, our international partners, tribal leaders, landowners, and local communities,”
“It is therefore an honour to stand here today to mark the commencement of the main works for the Tina Hydro development project, a milestone in our journey towards energy independence and resilience.” he said.
The Prime Minister highlighted how these collaborative efforts ensure that the benefits of development reach grassroots levels, where affordable energy will have the most significant impact.
Manele also underscored the importance of this project in promoting economic growth and improving the quality of life for all citizens.
“We are advancing necessary policy, legal, regulatory, institutional and financial changes to create a conducive environment for projects like Tina Hydro. These reforms are essential for strengthening our energy security, ensuring sustainable management of resources and fostering innovation within the sector.
“We extend our deepest appreciation to K-Water and the Tina Hydropower Limited, our developers who have brought expertise, diligence and vision to the World Bank, the Asian Development Bank, the Australian Government and other financial and technical partners who believe in this vision from the start. Thank you for your indispensable support. I also wish to once again recognize the core landowner-tribal representatives, community chiefs, women and youth whose dedication to this project has been credited.” Prime Minister Manele said.
K- Water CEO, Dr Yun Seog Dae spoke on the challenges faced since financial closing in 2019.
He highlighted the impact of high inflation during the COVID-19 pandemic and global supply chain disruptions due to the Russia-Ukraine war, which significantly increased project costs.
Despite these obstacles, Dr. Yun highlighted the collaborative efforts of the Ministry of Mines, Energy and Rural Electrification (MMRE), Solomon Islands Electricity Authority (SIEA), Tina Hydropower Limited (THL), Hyundai Electrical Engineering (HEC) in overcoming these challenges.
“With the belief that the sun always shines above the clouds, we stand at the starting line once again,” he stated, expressing gratitude to all who contributed to this moment.
The K-Water CEO said The Tina River Hydro Power Project aims to establish a major renewable energy source for the Solomon Islands, transitioning from fossil fuels to reduce electricity costs and enhance energy stability.
Dr. Yun also noted the potential for this project to strengthen bilateral relations between the Solomon Islands and South Korea, building on the diplomatic ties established between the two nations.
World Bank Country Director Stephen Ndegwa expressed his enthusiasm for the initiative and the collaborative efforts behind it.
“It is a true privilege to speak on behalf of all the financing and development partners who support this vital project. Today’s event represents a major milestone for both the project and the Solomon Islands.”
Ndegwa commended the Solomon Islands Government for its unwavering commitment and acknowledged the crucial role of landowners and local communities.
“Electricity is truly a lifeline for any modern economy. It powers essential services that support communities and improve lives, such as schools, healthcare, food production, and jobs.
He highlighted that the project, upon completion, will meet nearly 68 percent of Honiara’s energy needs with clean, renewable sources, significantly reducing the country’s reliance on costly imported fuels.
The project, led by a consortium of K-water and Hyundai Engineering, began its journey in February 2015 when it was awarded preferred bidder status by the Solomon Islands Government.
MMERE Permanent Secretary, Dr Chris Vehe stated as of now, USD$72 million has been disbursed out of a total project cost of approximately USD$211 million, with the hydropower plant designed to generate 15 MW and an estimated annual output of 78 Giga Watt Hours.
“Currently, the project is about 21% complete, with the access road finished and river diversion works for the main dam in progress.
“Excavation for the powerhouse foundation is also underway. The project aims for full completion by January 2028, after which commercial operations are expected to begin.
“The team is dedicated to ensuring smooth collaboration with all stakeholders to enhance the power infrastructure of the Solomon Islands and support the nation’s economic development.” PS Vehe said.
Meanwhile financing partners for the project includes World Bank, Asian Development Bank, the Abu Dhabi Fund for Development, the Australian Government, the Australian Infrastructure Financing Facility for the Pacific, the Economic Development Corporation Fund of the Government of Korea, the European Investment Bank, the Green Climate Fund, the Japan Social Development Fund, the Global Infrastructure Facility, and the Energy Sector Management and Assistance Programme at the World Bank.
