A ceremony was conducted at the cabinet room for the signing of the Energy Partnership Agreement (EPA) and the Education Grant Funding Agreement (EGFA) between Nauru and New Zealand last week (8 December).
The EPA and the EGFA were signed by His Excellency Acting President David Adeang and the newly appointed New Zealand High Commissioner to Nauru Nicola Simmonds on the margins of Ms Simmonds presentation of credentials.
The EPA outlined details of the funding arrangement as well as project implementation structures and processes for New Zealand’s Ministry of Foreign Affairs and Trade (NZ MFAT) funded renewable energy project.
The project includes the construction of renewable energy generation equipment consisting of the installation of solar photovoltaic electricity of 1 dmegawatt capacity.
A demonstration of a water catchment as well as water storage and pumping systems are included in the project.
The main goal of the EPA is to increase renewable energy generation for Nauru. The project is expected to provide approximately 10 per cent of the renewable energy generation required for Nauru to reach its target of 50 per cent electricity generated by renewable sources by 2025.