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The global renewable energy industry is experiencing rapid growth, driven by climate change concerns and the pursuit of energy independence. Microgrids and distributed energy resources are gaining traction, especially in remote and island communities, where they offer enhanced resilience and reliability. Policy support and technological advancements continue to accelerate adoption, though financing and grid integration remain key challenges.
Total Assets Under Management (AUM)
Renewable Energy Capacity in Vanuatu
~Approximately 18.7 MW (as of 2022) for Vanuatu
(15-20% (estimated) CAGR)
- Increasing solar and hydropower projects. - Government initiatives for rural electrification. - International funding for sustainable energy infrastructure.
200-300 million USD
AI and ML algorithms can optimize microgrid performance, predict energy demand, and enhance fault detection and self-healing capabilities, leading to more efficient and reliable energy distribution.
Integration of multiple renewable sources (e.g., solar, wind, hydro) with advanced energy storage and smart control systems enhances energy resilience and reduces reliance on single-source variability.
Decentralized ledger technology can enable secure and transparent peer-to-peer energy transactions within microgrids, fostering community energy ownership and local economic benefits.
The NERM sets ambitious targets for renewable energy penetration and rural electrification, aiming for 100% renewable energy in the electricity sector by 2030 and universal access to clean energy.
This policy directly supports Mana Pacific's mission by creating a favorable regulatory environment and demand for its renewable energy and microgrid solutions in Vanuatu.
This act provides the legal framework for the generation, transmission, distribution, and supply of electricity in Vanuatu, including provisions that can facilitate independent power producers and renewable energy projects.
The Electricity Act provides the necessary legal structure for Mana Pacific to operate, secure licenses, and develop its energy projects within Vanuatu.
This policy emphasizes building resilience to climate change impacts and reducing disaster risk, including through the development of resilient infrastructure and sustainable energy systems.
This policy aligns with Mana Pacific's focus on resilient microgrids, making its solutions a direct contributor to Vanuatu's national resilience goals.
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