Palau Solar

Palau Solar is a subsidiary of Utilligence (https://utilligence.co), created to design, supply and install domestic solar power throughout the archipelago of the islands of Palau. Through a project with the Asian Development Bank and the National Development Bank of Palau, Palau Solar is transforming the islands with renewable energy. Palau Solar provides Palauan households with cost-price solar panels, paid for through a low interest loan, funded by the National Development Bank of Palau. They also offer homeowners a small grant if any work is needed to prepare their home for solar panels. The panels offer homeowners huge savings on their monthly energy bills, ensuring that even with the loan repayments, householders can save by switching to solar. Through this solar program, the country is taking its first steps towards net zero and fighting climate change in a region that is extremely vulnerable to meteorological and economic instability. Working alongside the islands’ grid operator, PPUC, Palau Solar is helping to develop a reverse power flow grid that will benefit not just the residents who are in receipt of the solar panels, but the country as a whole, as it will be able to decrease its reliance on external, carbon-heavy power sources. The local team at Palau Solar has 18 employees from the area, helping to create economic opportunities in this innovative, yet challenging market. The company is headquartered in Airai State, Palau.