526 MW of solar projects qualify for FIT

526 MW of solar projects qualify for FIT

A total of 526 MW of installed solar capacity has been granted feed-in-tariff (FIT) incentives, according to the data released last Tuesday by the Department of Energy (DOE). The approved capacity is just half of the 1047.9 MW endorsed by the DOE for FIT incentives.

“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,” Energy Secretary Zenaida Monsada said in a statement.

A total of six projects made it to solar FIT 1, which would have a guaranteed rate of P9.68 per kilowatt-hour, while 17 solar projects with a combined capacity of (417.05 MW) have been approved for the second wave of FIT with a guaranteed rate of P8.69 per kilowatt-hour.

Solar FIT 1:

Ormoc Solar Power Project (30MW) of Phil. Solar Farm-Leyte, Inc.

Cavite Economic Zone Solar Power Project (41.3MW) of Majestics Energy Corp.

San Carlos Solar Power Project Phase A (13MW) of San Carlos Solar Energy Inc.

Pampanga Solar Power Project (10MW) of RASLAG Corp.

San Carlos Solar Power Project Phase B (9MW) of San Carlos Solar Energy Inc.

Burgos Solar Power Project Phase I (4.1MW) of Energy Development Corp.

SM North Solar Power Project (1.5MW) of Solar Philippines Commercial Rooftop Projects Inc.

 

Solar Fit 2:

Cadiz Solar Power Project (132.5MW) of Helios Solar Energy Corp.

Calatagan Solar Power Project (63.30MW) of Solar Philippines Calatagan Corp.

arlac Solar Power Project (50.07MW) of PetroSolar Corp.

San Carlos Solar Power Project (SACASOL I-C and I-D) (23MW) of San Carlos Solar Energy Inc.

Clark Solar Power Project (22.33MW) of Enfinity Philippines Renewable Resources Inc.

Currimao Solar Power Project (20MW) of Mirae Asia Energy Corp.

Bais Solar Power Project (18MW) of Monte Solar Energy Inc.

Bulacan III Solar Power Project (15MW) of Bulacan Solar Energy Corp.

Hermosa Solar Power Project (14.51MW) of YH Green Energy Inc.

Pampanga Solar Power Project Phase II (13.14MW) of RASLAG Corp.

Kibawe Solar Power Project (10.49MW) of Asian Greenergy Corp.

Cabanatuan Solar Power Project (10.26MW) of First Cabanatuan Renewable Ventures Inc.

Valenzuela Solar Power Project (8.50MW) of Valenzuela Solar Energy Inc.

Centrala Solar Power Project (6.23MW) of nv-vogt Philippines Solar Energy One Inc.

Palauig Solar Power Project (5.02MW) of Agri-Rural Communities Corp.

Burgos Solar Power Project Phase II (2.66MW) of Energy Development Corp.

Lian Solar Power Project (2.04MW) of Absolut Distillers Inc.