Xinyi solar holding co ltd Kiribati
Who is Xinyi Solar? 1 GENERAL INFORMATION Xinyi Solar Holdings Limited (the "Company") and its subsidiaries (collectively the "Group") are principally engaged in the production and
It is a leading Government implementing agency in the energy sector deal with any renewable energy initiatives in Kiribati. The Company aim to establish itself in leading Kiribati as the most trusted partner in providing green energy solutions as set out in its Mandates.
In 2020, the reformation and renaming of the Company (commonly known then as Kiribati Solar Energy Company) was conducted with the core objective is to broaden its scope in providing services with renewable energy including solar energy, wave energy, wind energy and other RE technologies that is applicable in Kiribati.
The government-owned Public Utility Board supplies diesel generated power in South Tarawa. The Kiribati Solar Energy Company provides electricity to outer islands through solar home systems. Initially formed in 1984 by an NGO, the company is now owned entirely by the government. There is little private sector involvement.
Ending in 2018, the Kiribati Grid Connected Solar PV Project is coordinated by the World Bank and funded through a US$1 million grant from the Global Environment Fund (GEF) and a US$2.92 million grant from the Government of Australia, through the Pacific Regional Infrastructure Facility (PRIF).
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