The Republic of Palau announced the signing of a Power Purchase Agreement with ENGIE EPS. An iconic 100 MW Armonia microgrid will couple renewables and energy storage to transform Palau into a resilient, low carbon energy country. PPA secures Palau of 30 years of clean energy at a competitive and predictable price enabling the displacement of much of the current diesel generation.
The project will consist of 35 MW of renewable energy and 45 MWh of energy storage, and coupled with the current diesel generation, with an overall installed power of over 100 MW, representing the largest microgrid in the world and a global reference for the state-of-the-art technology. Renewable energy produced by the solar component is expected to represent in excess of 45% of Palau's total demand.
This project has been originally developed by GridMarket within the context of its public-private partnership with the Government of Palau. GridMarket then sourced bids via its competitive marketplace and selected ENGIE EPS as the ideal partner to implement the identified microgrid opportunity in Palau. The final sizing, geotechnical assessment, and project execution plan will be completed by ENGIE EPS; construction is expected to begin by the end of 2018 and the commissioning is predicted to take place before the end of 2019.
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