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July 6, 2026, 3:43 pm
Fiji News

EFL, FNPF Eye $2B Renewable Investment

Fiji One News Team
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Energy Fiji Limited (EFL) and the Fiji National Provident Fund (FNPF) are moving forward with plans to establish a joint venture aimed at expanding Fiji’s renewable energy sector through investments estimated at around FJD $2 billion in the years ahead.

The proposed partnership is expected to finance new electricity generation projects designed to boost the country’s renewable energy capacity while enhancing long-term energy security.

The initiative aligns with the Government’s commitment to building a cleaner and more resilient energy sector by fast-tracking investments in renewable technologies.

Planned developments are expected to include hydropower, solar energy, battery energy storage systems and other renewable energy solutions, helping reduce Fiji’s dependence on imported fossil fuels.