Micronesia Energy Storage Project Subsidy

4 FAQs about [Micronesia Energy Storage Project Subsidy]

What is the Pohnpei energy development project?

The project will also support institutional strengthening and capacity building in KUA and YSPSC, as well as for Pohnpei Utilities Corporation (PUC) in the FSM state of Pohnpei. The facility will provide a grant to the Federated States of Micronesia (FSM) for the Renewable Energy Development Project.

Which project investments will be made in yspsc & Kosrae?

Project investments will include (i) solar photovoltaic capacity and mini grid and solar home system investments for Kosrae Utilities Authority (KUA) in Kosrae and (ii) the installation and integration of photovoltaic capacity and a battery energy storage system (BESS) for Yap State Public Service Corporation (YSPSC) in Yap.

What is the Federated States of Micronesia (FSM)?

The Federated States of Micronesia (FSM) consists of the Government of FSM (GoFSM) and the four states of Chuuk, Kosrae, Pohnpei, and Yap.

Is Chuuk power utility a part of a solar project?

Investments in Chuuk Power Utility Corporation are included in a separate program. 7. The project in Kosrae includes 1.15 megawatt (MW) of ground-mount and roof-top solar photovoltaic (PV) on KUA’s main grid. This will be integrated with a World Bank-financed battery energy storage system (BESS) that is also being planned for KUA’s main grid.

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