Energy · 4 views
Pacific prospects
More than 70 renewable energy projects, with a combined value of $2.2 billion, are currently in progress across 14 independent Pacific Island nations.
AI Summary
More than 70 renewable energy projects, valued at $2.2 billion, are under way in 14 independent Pacific Island nations. The “Pacific 100% Renewable Energy Investment Prospectus (PREIP)” estimates that roughly $14 billion will be required over the next decade to add 2.2 GW of renewable capacity and 8.9 GWh of storage to meet current electricity demand. The estimate excludes any additional demand from transport electrification or other sources.
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