100+
Beneficiaries of the Solar Home System project, as reported by the Vanuatu Daily Post
Solar
Solar Home System Loan
The Solar Home System Loan, through the National Green Energy Fund (NGEF), is available to members and non-members. It helps households switch to clean, affordable solar energy. Non-members can see the loan on our Want to borrow? page.
About the program
Clean energy, financed close to home
NSCL's Solar Home System program helps households and off-grid small businesses switch to clean, affordable solar energy, financed through the National Green Energy Fund (NGEF) and supported by solar subsidies run jointly with PCREEE (Pacific Centre for Renewable Energy and Energy Efficiency) and SPC (Pacific Community). Solar partners have included Energy 4 All, PCS and eTech Vanuatu, with the Vanuatu Cooperative Movement.
Program highlights
VT 6M
Funding secured from SPC for the solar program (Oct 2021)
5
NGEF solar loan facilities drawn, totalling VT 15.5M in principal
VT 14.4M to VT 10.7M
NGEF balance repaid down from Dec 2023 to Dec 2024. The first facility (NGEF47) fully repaid
28%
Of all NSCL lending was solar in 2023 (19% in 2024)
27%
KOICA subsidy applied for early solar borrowers
Milestones of the program
2021
NSCL secures VT 6M from SPC and draws the first NGEF loans.
2021–2023
Solar subsidy and loan program delivered with PCREEE.
Mar 2024
SPC completes a 3-day evaluation of the Solar Home System Subsidy program, marking the end of a 2-year journey for off-grid small businesses.
12–14 Mar 2024
NSCL is invited by the Carbon Trust to present its 2021–2023 solar results at the Transforming Energy Access Forum in Kigali, Rwanda.
Watch
A 24-minute look at the Solar Subsidy Program.
Watch the Solar Subsidy Program video (24 min) (opens in a new tab)
Partners
- NGEF
- PCREEE
- SPC
- Energy 4 All
- PCS
- eTech Vanuatu
