Philippines’ ERC grants FIT for SaCaSol solar farm
San Carlos Solar Energy Inc, an affiliate of Bronzeoak Philippines Inc, has announced that its solar farm in Negros Occidental, Philippine, has been qualified under the country’s feed-in tariff (FIT) scheme.
The solar farm, whit a capacity of 22 MW, has been qualified for FIT at P9.68 (US$0.218) per kilowatt-hour. Phase 1A has a capacity of 13 MW and reached commercial commissioning in May 2014, Phase 1B has a capacity of 9 MW and reached commercial commissioning in August 2014.
The Energy Regulatory Commission (ERC) granted certificates of compliance (CoCs) under the FiT programme to the project in a ruling issued February 16 this year.
The project is located at approximately 20-hectare and 15-hectare adjacent properties within the San Carlos Ecozone, San Carlos City, Negros Occidental. These are near the 19.99 MW San Carlos BioPower (SCBP) biomass plant and the operational San Carlos BioEnergy (SCBI) bio-ethanol plant with its co-generation power facility.
An expansion of the solar park is currently underway, scheduled to bring the total capacity to 45 MW. Furthermore, SaCaSol II (32 MW) and III (33 MW) are also under construction on Negros to help meet the country's target of 500 MW of solar power by 2016.
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