13 solar projects seeking validation for 2nd wave FIT perk availments

by Myrna Velasco February 11, 2016
http://www.mb.com.ph/13-solar-projects-seeking-validation-for-2nd-wave-fit-perk-availments/

At least 13 solar projects with more than 360 megawatts (MW)of aggregate capacity have already applied for validation onward to their availment of the second wave feed-in-tariff (FIT) amounting to P8.69 per kilowatt hour.

In a list furnished by the Energy Regulatory Commission (ERC), it was shown that the biggest capacity is for 132.49MW capacity by project developer Helios Solar Energy Corporation.

The others with relatively hefty capacities are the 58.98MW facility of San Carlos Sun Power, Inc.; the 50MW solar farm of PetroSolar Corporation; and the 30MW solar facility of ATN Phils Solar Energy Group Inc.

Also in the roster for FIT availments are the: 13.14MW RASLAG Phase 2 solar power project; 10.5MW project of Asian Greenenergy Corporation; 2.66MW Energy Development Corporation Burgos solar project; 16.32MW project of Mirae Asia Energy Corporation; 14.5MW project of YH Green Energy; 5.0MW facility of Solar Powered Agri-Rural Communities Corp; another 5.0MW venture of Solar Powered Agri-Rural Communites Corporation at a different site; 3.82MW Solar-Powered Agri-Rural Communities Corporation; and the 18.0 MW Negros Island Solar Power, Inc.

Last month, the Department of Energy (DOE) announced that it already started validation of projects that have been nearing the finish line to prescribed level of commercial operation.

In a separate briefing with reporters, the ERC noted that it also received corresponding endorsements and requests for validation on the solar developers’ bid for their FIT-certificates of compliance (FIT-COC).

The FIT-COC will give the solar projects the go-signal that they already reached the mandated level of completion to operation phase – and this will also be their ticket to be included in the availment of FIT incentives.

The second round of subsidies to be reflected as component of the FIT-Allowance (FIT-All) charges in the bills had been intended for up to 450MW of capacity installations.