📋 Tender Overview
Leaf Capital Pte Fiji is taking a lead in the establishment of Fijis first-ever National Electric Vehicle EV transport eco-system which is green releases potentially zero emissions and generates more renewable energy.With Fiji being the first country in the world to sign up for the Paris Agreement this initiative paves the way for others to support the Fijian Governments climate ambition in advocating ways to combat climate change and its long-term emission reduction strategies.Owner and director of Leaf Capital Alex Reddaway said the company has invested half a million into the set-up of the supercharging stations from Suva to Nadi and the import of EVs with the intention of investing about 2 million more.While setting up the supercharging stations we are planning to combine solar charging EVs to have a carbon-negative transport eco-system which will generate surplus electricity so every kilowatt you use will be logged on smart charging which will be offset by solar electricity hydro or anything renewable that we can invest in he highlighted.The company uses superchargers installed with load guards which sense the load being drawn from the grid and adjusts the chargers usage to keep the total load under a pre-set maximum.Looking at the projections of EVs for Fiji a relatively small requirement of a network of about 10 chargers would be sufficient in the country he said.For businesses this is a huge opportunity for buses taxis mini-buses private cars and any high-end mileage user the impact is enormous he added.The company has launched a charging network with an app that allows the user to locate charging stations anywhere in Fiji the type of charger needed and the option of reserving it.The app will guide the user to these stations and after use allow the customer to pay for them.There are charging station network sites set up in Kundan Singh and Mana Coffee while construction is being done at Maui Bay RB Patel Jet Point and South Pacific Coffee which will be completed next month he said.As announced in the 2022-2023 National Budget the Fijian Government has been promoting and supporting the use of green technologies through the expansion of incentives to support the procurement of EVs and the setting up of charging stations in the country.The Fijian Government has now increased subsidy from five to 10 percent on an investment threshold of 50000 for capital investments in charging stations for EVs.Value Added Tax VAT and fiscal duty on all electric vehicles are also now zero-rated to allow accelerated depreciation of 100 percent.The Government will also provide a 10000 cash rebate per vehicle if a local business purchases five vehicles or more.
