Renewing the path to prosperity, energetically
Unelco is one of the most forward thinking energy companies in the world, thanks to its second to none corporate structure and investors.
?Locally incorporated, two majority shareholders: GDF Suez (85.59 percent) and Electricit�� et Eau de Caledonie (14.40 percent)
?Major shareholder GDF SUEZ Group, European leader in terms of energy and gas services, world leader among the independent power producers (IPP) and liquefied natural gas (LNG)
?Unelco pioneered Coco-2-Electricity, utilizing fuel that is made from coconut oil, supplied to redesigned power stations
?A number of power plants able to run from 100 percent coconut oil
?Unelco has an ambitious renewable development plan, taking advantage of solar generation and storage price drops
?Green energy to make up 50 percent on Vanuatu's main island before 2020, with outer lying islands able to transition from no supply to mostly green electricity
?Thirteen wind turbines - two new turbines of 275 kW installed this year, with peak power topping out at 3.5 MW, meaning in 2013 9.2 percent, or 5.5 GWh, of the energy generated in Port-Vila was from wind
?Total Investment: $334 million
?Vanuatu is one of the most advanced Pacific countries in its transition towards renewable, sustainable energy
(China Daily 06/01/2015 page6)