By Danessa Rivera (The
Philippine Star) | Updated June 23, 2016 - 12:00am
http://www.philstar.com/business/2016/06/23/1595607/doe-lines-17-solar-power-projects-fit-incentives
MANILA, Philippines – Seventeen
solar power projects were endorsed to receive incentives in the second round
for solar under the feed-in tariff (FIT) scheme.
These projects have a combined
capacity of 417.05 megawatts (MW), latest data from the Department of Energy
(DOE) showed.
“The DOE, through the Renewable
Energy Management Bureau, has worked day and night to ensure that each eligible
solar developer strictly followed the process and technical requirements,” DOE
Secretary Zenaida Monsada said.
She added the DOE assures the best
interest of the public and all renewable energy (RE) developers particularly in
meeting the country’s commitment towards sustainable and cleaner energy.
After several validations and
re-validations of around 800 MW solar power projects, these were the projects
which met the DOE’s requirement of running and continuously dispatching the
committed capacity to the grid for three straight days to qualify for FIT.
The first to get the Certificate of
Eligibility-FIT was the 23-MW solar plant of San Carlos Power Inc. in Negros
Occidental. The project is a joint power venture between SunEdison Philippines
Helios BV and Aboitiz Renewables Inc., the holding company of AboitizPower’s
renewable energy investments.
Three solar firms - the 6.23-MW
Centrala solar power project of German-backed nv vogt Philippines Solar Energy
One Inc. in South Cotabato, the 13.14-MW RASLAG Phase 2 in Pampanga, and the
2.66-MW Phase 2 of the EDC Burgos solar project in Ilocos Norte - received the
COE-FIT in Feb. 12, 2016.
On March 7, the DOE signed the
COE-FIT for the 50-MW Tarlac solar facility of PetroSolar Corp. and the 14.5-MW
solar facility of local power developer YH Green Energy Corp. in Hermosa,
Bataan.
The 10.26-MW Cabanatuan solar power
project of First Cabanatuan Renewable Ventures Inc. in Nueva Ecija and the
63.3-MW solar farm of Solar Philippines Calatagan Corp. in Batangas clinched
the COE-FIT on March 11.
Finally, the DOE signed the COE-FIT
for nine solar power projects on June 3. These include the 20-MW Currimao solar
power project of South Korean Mirae Asia Energy Corp. in Ilocos Norte; the
8.5-MW solar farm of Valenzuela Solar Energy Inc.; the 2.04-MW solar project of
Abo slut Distillers Inc. in Lian, Batangas; the 18-MW Bais solar power project
of Monte Solar Energy Inc. in Negros Oriental; the 22.33-MW Clark solar power
project of Enfinity Philippines Renewable Resources Inc. in Pampanga; the
10.5-MW Kibawe solar farm of Asian Greenergy Corp. in Bukidnon; the 5.02-MW
Palauig solar power project of Solar Powered Agri-Rural Communities Corp. in
Zambales; the 15-MW solar power plant of Bulacan Solar Energy Corp.; and the
132.5 MW solar farm of Helios Solar Energy Corp. in Cadiz City, Negros
Oriental, which is the biggest solar plant running in the country to-date.
FIT is a set of incentives given to
power developers to invest in the more expensive RE sector.
In the second round, solar
developers that will be completing and producing power from their projects
before the March 15 deadline or until the 500-MW installation target is
breached will be eligible to receive the new P8.69 per kilowatt-hour FIT rate,
among other incentives.
Including the solar projects in the
first round of FIT for solar, a total 525.95 MW in capacity were given COE-FIT
by the DOE, exceeding the FIT allocation of 500 MW set by government.
No comments:
Post a Comment