SEOUL -- K-water, a state water resource development and management agency, will build a hydroelectric dam and a 15-megawatt power plant on the Solomon Islands by 2040 in a $210 million deal that would help ease a power shortage in a nation of hundreds of islands in the South Pacific.
Construction will begin in October next year. K-water said Wednesday that it would build a hydroelectric dam on the Tina River about 19 km away from the nation's capital Honiara.
The Tina River hydro development project is to increase the share of renewable energy through hydropower in the Solomon Islands, which is largely dependent on diesel generators. It will provide 65 percent of electricity demand for the capital Honiara and lower the cost of electricity supply.