Tuesday, August 21, 2012

Conergy lauds issuance of FIT rates by ERC

Manila Times.net
Written by RAASEE S. SAUSA   Published on 21 August 2012

THIS is a “positive step forward toward the Philippines attaining an ideal balance of energy mix and environmental sustainability,” said Alexander Lenz, Conergy president of South East Asia and the Middle East, regarding the recent issuance by the Energy Regulatory Commission (ERC) of the feed-in-tariff (FIT) rates for renewable energy sources including solar power.

“The P9.68-tariff rate given to solar power is lower than what we had hoped for, but at least the road has now been cleared to enable us to push through with our project plans which have been put on hold for quite some time pending the issuance of the FIT rates,” he said.

Lenz added that, “We believe that solar power is most ideal for the Philippines, since it is unlimited and available all year round even during cloudy or rainy days. The country still has plenty of open spaces where high-capacity solar parks can be built. Solar power plants are easier and more cost-efficient to maintain.”

Solar energy is also ecologically friendly since it reduces waste and pollution and the discharge of greenhouse gas significantly.

Conergy is a pioneer in the solar industry and is one of the world’s largest suppliers of solar PV energy systems. It is a recognized leader in solar system integration, offering complete components for a solar installation and providing integrated and widespread services for the development of solar power plants.

“We believe we at Conergy have not only the capability and resources but also the track record to help the Philippines tap and develop its solar power supply to the fullest. We have over 14 years of international experience gained in planning, implementing and operating solar systems around the world with long-term reliability and assurance of the best possible yields,” Lenz said.
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