Prime Minister Hon. James Marape has recently (11.12.24) announced his government’s decision to partially privatise PNG Power Ltd amidst Government’s further decision to open up other parts of the country to independent power suppliers. Prime Minister Marape told the PNG CORE Investment Week in Sydney that Cabinet has approved the decision in one of it...

The government has reiterated its ambition to achieve carbon neutrality by 2050, with an interim target of a 50-percent reduction by 2030, at the recent Petroleum and Energy Conference 2024. Recent reports indicate progress, particularly in the agriculture, forestry, and other land use sectors, which have successfully met initial CO2 reduction targets....

This year's Petroleum and Energy Conference (PEC) attracted an impressive 580 delegates from around the world to Papua New Guinea (PNG), which is the highest attendance to date. The Managing Director for Kumul Petroleum Holdings Limited, Mr. Wapu Sonk, expressed optimism for future events, stating: "I look forward to a better and bigger event next year...

The Papua New Guinea (PNG) Minister for International Trade and Investment, Hon. Richard Maru, said PNG is still facing a pressing energy crisis, nearly half a century after gaining independence. Minister Maru underscored the urgency of the country’s energy challenges, stating: “We cannot pretend, we can't keep talking about providing for other countri...

Prime Minister James Marape invited international investors and energy experts to collaborate with Papua New Guinea (PNG) in harnessing its diverse energy resources, including hydro, geothermal, and solar power, during his keynote address at the opening of the 2024 Petroleum and Energy Conference at the Hilton Hotel in Port Moresby. "We offer strong in...

The Papua New Guinea National Energy Authority (PNG NEA) has officially launched its Board Charter and Appeals Panel Guidelines, signifying the establishment of its governance framework. This initiative aims to enhance transparency and accountability within the NEA, ultimately improving the efficiency and fairness of the country's energy sector. The...

The central goal of the Papua New Guinea (PNG) National Energy Authority (NEA) Corporate Plan 2023-2024 is to promote access to affordable, reliable, and sustainable energy services, which are crucial for economic growth and community prosperity. A key focus is extending electricity access to 70 percent of PNG’s population by 2030 and achieving univers...

PNG Solar Supply - SPIA Enterprises Ltd is lighting-up the remotest corners of Papua New Guinea with sustainable and affordable solar energy solutions. PNG Solar Supply is providing renewable energy solutions across the country. As a subsidiary and the commercial arm of the South Pacific International Academy, all profits from PNG Solar Supply are rein...

The National Energy Authority (NEA) has officially launched its Corporate Plan 2023-2027, marking a significant milestone in Papua New Guinea’s energy sector. The Corporate Plan, launched on 23 August at APEC Haus in Port Moresby, is the first of its kind for the NEA. It outlines the strategic direction and key objectives that will guide the Authority’s e...

The Autonomous Bougainville Government (ABG) has announced the signing of a Memorandum of Understanding (MOU) with Stellae Energy Ltd (Stellae), a UK-based Green Energy Solutions and Assets company. This partnership marks a significant achievement in Bougainville's journey towards energy independence and economic sustainability through the exploration ...

EDITOR’S NOTE: Ossberger, the German hydro-industry experts, has provided PNG Business News with this feature story that originally came out in Zek Hydro magazine’s May 2024 issue. Ossberger has supplied and installed 19 mini-hydropower turbines throughout PNG, mostly in rural districts, since the 1960s. The company likewise provided the hydropower system...

In the ever-evolving development sectors of sustainable energy, mastering the installation of solar energy systems is both a skill and a necessity. With advancements and innovations occurring at a rapid pace, being informed with developments are crucial for companies in the electrical and solar industry. The Sustainable Energy Industry Association Papu...

The National Energy Authority (NEA) conducted a one day public/stakeholders consultation workshop for the second time at the Holiday Inn ballroom on the 15th of March on the Decentralised Electricity Supply (DES) Policy. This policy will pave the way for the provincial and district administration to develop and participate in the generation, distributi...

The Hides Gas Development Company Ltd (HGDC) recently signed a Memorandum of Understanding (MoU) with GenOffGrid to train and hire tradesmen, engineers, and technical staff in both Papua New Guinea and Australia with the goal of building remote solar power stations. In a statement, the companies said the agreement will enable them to immediately establ...

The people of Halia and Haku constituencies in North Bougainville can look forward to transformational change following the launch of the Rural Electrification Program today in Buka. The Program was officially launched today by ABG Vice President and Member for Halia Hon. Patrick Nisira and National Member for North Bougainville Hon. Francesca Semoso, ...

Australia has embarked on a collaborative effort with Papua New Guinea to enhance the nation’s access to reliable renewable energy sources, addressing the growing demand for electrification. According to recent updates from the Australian High Commission in PNG, the partnership involves strategic initiatives aimed at bolstering PNG’s electrification re...