Pacific Hydro enters into Joint Venture with Fiji authority
1 July 2003
Australian wind developer Pacific Hydro has entered into a Joint Venture with the Fiji Electrical Authority. The new company, Sustainable Energy Ltd, aims to save up to F$10 million per year in foreign exchange by replacing diesel imports for electricity generation with Fiji's indigenous renewable energy. The company is expected to develop up to A$100 million in new projects over the next five years.
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