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?

Solomon Power’s mission is “to provide a safe, reliable, affordable and accessible supply of electricity to the Solomon Islands”. Solomon Power received SBD1.5 million for the provision of community service obligations (CSOs) in 2018, while no CSO received since 2019 – present.

How many customers did Solomon power Register in 2019?

One of the 2019 goals for Customer Services Division was to register 21,000 customers by the year end. By 31 December 2019, Solomon Power had 21,043 customers registered and connected to its Honiara and Outstations network, as compared to 18,781 in 2018 and 17,190 in 2017, an excellent outcome.

Who governs Solomon power?

Solomon Power is governed by a board of directors that is responsible to the Accountable Ministers, being the Responsible Minister and the Minister of Finance. The Responsible Minister is the Minister responsible for Energy, Mines and Rural Electrification.

How much money does Solomon power make a year?

The average profit earned between 2019-2023 is total of $73.33 million SBD this has slightly decline by 8% compared to the last five years average (2017-2021). Solomon Power still remains as the highest profitable SOE compared to other SOEs in the Solomon Islands.

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.