Installed Renewable Energy Capacity
Key Players
  • Department of Petroleum and Energy (DPE)
  • PNG Power Ltd
  • Independent Consumer and Competition Commission (ICCC).
  • PNG Sustainable Development Program Ltd
  • National Energy Policy 2016-2020
  • Electricity Industry Act 2002
  • Independent Consumer & Competition Commission Act 2002
  • Papua New Guinea-Solar Irradiation and PV Power Potential Maps
  • IRENA RE Resource
  • Renewable energy opportunities and challenges in the Pacific Islands region
  • Energy Sector Assessment
  • Designing rural electrification solutions considering hybrid energy systems for Papua New Guinea
  • Lighting Papua New Guinea
  • Powering PNG into the Asian Century
  • PNG Power Pilot Rooftop Solar Program
Graphs have been developed using HIGHCHARTS software under the Creative Commons Attribution-NonCommercial 3.0 License
Key Economic Indicators
  • GDP (current)
    USD 20.54 Billion
    in 2017
  • GDP growth rate (current)
    2.55%
    in 2017
  • WB Ease of doing business rank
    108
    in 2018
  • Foreign direct investment
    USD -180.18 Million
    in 2017
  • Lending interest rate to private sector
    8.39%
    in 2017
  • Domestic Credit to Private Sector
    21.43%
    in 2017
Key Energy Indicators
  • Electric power consumption per capita
    NA
    in 2014
  • Share of electricity from RE in grid
    34.53%
    in 2015
Sovereign Credit Rating
  • Standard & Poor's
    B
  • Moody's
    B2
  • Fitch
    NA
NEXT IN EMERGING ECONOMIES
Sri Lanka is an island country in South Asia, located south of India in the Indian Ocean with an area of about 65,610 km2and a population of 20.3 million. The population is concentrated in the southwest, in urban centers along the east coast, and on the Jaffna Peninsula in the north. Sinhala is the official language though English is commonly used. This lower middle-income country is transitioning from a rural-based economy to a more urbanized economy with growing services and manufacturing sectors.