IslaSol questions DOE selection process for 2nd-round FIT

ERC Chairman Jose Vicente B. Salazar said the commission received a letter from Negros Island Solar Power Inc. (IslaSol) (a joint venture between Bronzeoak, the Macquarie-managed Philippine Investment Alliance for Infrastructure (PINAI) Fund, and Dutch pension-fund manager APG) whose power project failed to make it to the second round of feed-in tariff (FiT) scheme, formally expressing IslaSol’s concern on how the selection process was carried out by the Department of Energy (DOE).  The ERC Chairman said the questions are for DOE to answer.  Read more here.  


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