How much does a solar project cost in Pohnpei?

After just 15 years, the entire project, capitalized at over $20 million, will transfer, without cost, to the State of Pohnpei, providing it with many more years of free renewable energy using the best solar technology. The solar project in Pohnpei is a concept that can be replicated by other Small Island Developing States.

How much does a solar panel cost in Malaysia?

How much does solar panel cost in Malaysia? The average price for a solar panel in Malaysia is higher than that of other countries because of the country’s high cost of living. The cost for a solar panel in Malaysia is nearly RM15,000 , which is almost three times the average price in other countries.

Will Pohnpei slash electricity costs?

Without fanfare, PEPP launched a whirlwind of consultations with stakeholders, who swiftly coalesced around our plan to slash electricity costs to Pohnpei consumers. The project will reduce Pohnpei's carbon footprint significantly. It will also safeguard Pohnpei's energy needs for many years to come.

How much does Pohnpei cost per kWh?

Pohnpei currently pays approximately $.52/kWh in diesel fuel costs. PEPP's project would cut that cost to virtually zero. It would also dramatically diminish Pohnpei's carbon footprint by eliminating the need to import so many bulk shipments of diesel.