The International Seabed Authority will change regulations for deep-sea mining this year. The ocean floor is covered with potato-sized pebbles containing high levels of cobalt, manganese, nickel and copper – materials that could soon be in short supply as the energy transition progresses.
The solar PV system is part of a 1.25 MW portfolio, where power will be sold to the island’s villagers through pre-paid net metering. The Asian Development Bank, with the help of other institutions, is supporting the deployment of solar on the Pacific Ocean’s small island nations.
Local power utility, TPL is seeking independent power producers for the deployment of 6 MW of solar PV capacity combined with storage. The selected project will be granted a 25-year PPA.
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