The Solomon Islands Electricity Authority and Asian Development Bank have signed an agreement aimed at developing the country’s first large-scale solar project.
May 14, 2026
The Solomon Islands Electricity Authority (SIEA) and Asian Development Bank (ADB) have signed a transaction advisory services agreement geared towards developing the country’s first large-scale solar project.
The agreement will support SIEA in mobilizing the first solar independent power producer in the Solomon Islands to develop a grid-connected solar power project in Honiara, capital of the country, via private sector investment.
Under the terms of the agreement, ADB will act as the transaction advisor and conduct project preparation and tendering for the project via its Office of Markets Development and Public-Private Partnership. It will also support SIEA in awarding the contract to supply electricity.
