Who owns the electricity supply system in Solomon Islands?

SIEA is the owner and operator of the Solomon Islands Government’s owned electricity supply systems. The financial statements have been presented in accordance with the State-Owned Enterprise Act 2007, and in accordance with accepted reporting principles.

What's new at Solomon power station?

The project was completed by MAN diesel for over SBD120m. The new station has been commissioned and is currently in operation. Furthermore to improve the reliability Solomon Power invested in a new 11 kV switchboard, two 1.6 MW diesel generators and two new power transformers at Honiara Power Station.

What is Solomon power's capital expansion programme?

With a capital expansion programme of over SBD1 billion, Solomon Power strives to develop and implement its planned capital and infrastructure projects over the next five years that will support its mission to provide a safe, reliable and affordable supply of electricity to the Solomon Islands.

Is Solomon power going green?

It is pleasing to note that Solomon Power has made steady strides in going “Green”. On the Power Purchase Agreement for the Tina River Hydropower Project, financial close was achieved on 12 December 2019. Furthermore, we successfully acquired right of way for the planned 66 kV transmission lines from the hydropower site to our Lungga Power Station.

How many Oba customers are there in Solomon Islands?

The Output Based Aid (OBA) Programme continued under the Solomon Islands Electricity Access & Renewable Energy Expansion Project (SIEAREEP) with 369 additional OBA customers connected and energised in 2022. Total of 2,563 customers have been connected under the SIEAREEP program. As at end of 2022 there are 5001 OBA customers.

How many years has Solomon Power made a profit?

It is nine years in a row that Solomon Power has made a profit. Furthermore, the last eight years’ statutory accounts have all been unqualified, and signed of by the Auditor General before the mandated date of 31st March each year.