Developed by Qair, a French renewable energy company, the floating solar project is expected to be commissioned in 2026 and will connect to the 33 kV grid infrastructure of the Public Utilities Corporation (PUC). . The Seychelles enjoy favourable conditions for renewable energy (RE) resources, such as wind and solar. This dependency has resulted in some of the highest electricity tariffs in the world, placing. . PUC is supporting the Government in its vision to have a sustainable energy future for the Seychelles and it shall be increasing the current amount of renewable energy contribution in the foreseeable future to achieve the national target of 15% by 2030. 8 million) senior debt facility from the Facility for Energy Inclusion (FEI), managed by Cygnum Capital, to finance the development, construction, and operation of a 5. 8 MWp floating solar plant in Providence Lagoon. .
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