Fenaka Corporation, in partnership with the Ministry of Environment, Climate Change, and Technology, has begun work on installing solar panels in HDh. Neykurendhoo as part of the Preparing Outer Islands for Sustainable Energy Development (POISED) project.
The Asian Development Bank-funded POISED project intends to minimize reliance on diesel-based power generation by adopting solar-diesel hybrid power generation systems.
According to Fenaka, the current phase of the project would build 3.5 MW of solar systems capable of satisfying 30% of peak demand on all inhabited islands in the Haa Dhaalu atoll.
The project will install solar PV with a peak power of 116kW in HDh. Neykurendhoo, and the system will be linked with the existing energy infrastructure to create a solar-diesel hybrid system.
Furthermore, Fenaka predicts an annual savings of up to MVR 11 million from fuel expenditures now allocated, as well as a reduction of 4 tons of CO2 discharged into the atmosphere.
Fenaka aims to convert 70% of its electricity generation to renewable energy under the current administration’s Strategic Action Plan
