SEVEN BIOMASS power plants are scheduled for commissioning or completion this year, keeping them in the running for the reduced feed-in-tariff (FiT) rate of around P6.60 for each kilowatt-hour (kWh) they export to the electricity grid. The projects — four in Luzon and three in Mindanao — have a combined capacity of 37.1 megawatts (MW),…
Tag: FIT
SOLAR power developers have asked the Energy Regulatory Commission (ERC) to clarify the circumstances surrounding the issuance of feed-in-tariff (FiT) certificates despite reports of “inconsistencies” that unfairly placed some companies at a disadvantage. In a statement, Ma. Theresa C. Capellan, president of the Philippine Solar Power Alliance (PSPA), said solar companies were “really puzzled” as…
Alternative funding source for FiT not yet available — DOE
THE Department of Energy (DoE) has not yet found the funds to replace the feed-in-tariff (FiT) allowance being collected from electricity consumers to repay investors in renewable energy projects. “There is none yet,” Energy Undersecretary Felix William B. Fuentebella said when asked whether the department had found a possible funding source. “We’re still looking and…
Cusi to halt FiT scheme for solar power plants
THE second round of feed-in-tariff (FiT) rates for solar energy will be the last, Energy Secretary Alfonso G. Cusi said, noting that the monthly “allowance” collected from consumers to pay for solar projects has become a burden. “That’s enough of the FiT for solar,” he said, when asked whether the Department of Energy (DoE) will…
Two solar projects lose FiT eligibility
THE Department of Energy (DoE) has confirmed talk that two solar energy projects previously endorsed to receive a guaranteed fixed rate for their power output were recommended for exclusion from the feed-in-tariff (FiT) scheme. Energy Secretary Alfonso G. Cusi said the department had received the recommendation of the Energy Regulatory Commission (ERC) on how to…
Power cost seen rising next year due to FIT-All
Consumers will pay for higher power rates next year, or once the Energy Regulatory Commission approves the “close to P0.23 per kilowatt-hour” feed-in tariff application of National Transmission Corp. TransCo is set to file its feed-in tariff allowance application to the ERC next week. Energy Secretary Alfonso Cusi, who sits on the TransCo board, told…
PetroSolar gets ERC OK for FIT eligibility
PetroSolar Corp. has clinched regulatory approval for a guaranteed payment for its 50-megawatt (MW) solar power plant, adding to a list of assured revenue streams for the company. The company said it was granted the certificate of compliance as a feed-in-tariff (COC-FIT) eligible power plant by the Energy Regulatory Commission (ERC) for its 50-MW solar…
PSPA urges Cusi to probe FiT allocation process
THE PHILIPPINE Solar Power Alliance (PSPA) has called on new Energy Secretary Alfonso G. Cusi “to conduct a thorough inquiry” into the process used in issuing certificates of endorsement for the 17 solar power developers that made it to the second round of feed-in-tariff (FiT) allocation. In a statement, PSPA founder Ma. Theresa C. Capellan said…
Energy companies bare wish list for DoE chief
COMPANIES in the energy industry bared their wish list for new Energy Secretary Alfonso G. Cusi, who will formally take over the reins of the agency in a ceremony today. The list includes a FIT for geothermal, the renewable portfolio standards, and FIT eligibility for all solar developers who made it to the March 15…
Another solar developer wants review of Solar FIT eligibles
Another solar power developer is seeking a review of the awarded certificates of eligibility (COE) in the second round of Feed-in Tariff (FIT) for solar. In a statement yesterday, Citicore Power Inc. (CPI) is asking the new administration to review and make transparent the recent awarding made by the Department of Energy (DOE) under solar FIT. The company…
Monsada: Solar FIT and harmonizing energy sources a challenge to successor
ZENAIDA Y. MONSADA, who marks her last day as Energy secretary today, will be turning over to the incoming administration the decision whether to approve a new solar energy installation target and its corresponding feed-in-tariff (FiT) rate. She will also hand over to Alfonso G. Cusi, the new secretary, the task of harmonizing government policy between…
IslaSol files appeal to D.O.E. on second round of FiT
NEGROS Island Solar Power Inc. (IslaSol) filed on Thursday an appeal before the Department of Energy (DOE) to reconsider the recently issued decision on the solar-power projects that made it the to the second round of the feed-in tariff (FiT) program. Bronzeoak Director and Treasurer Don Mario Dia said a motion for reconsideration was filed on June…
Winnergy Holdings Corp. 