ISLASOL I B

25. November 2015

ISLASOL I A

Expertise

PROJECT SITE

NEGROS OCCIDENTAL, PHILIPPINES

Expertise

CAPACITY

18 MW

Expertise

REACH OF ELECTRICITY SUPPLY

41 000 PEOPLE

Expertise

CO2 REDUCTION

14.832 TONNES P.A.

Landkarte Portfolioreport Web ISLASOL I A

Impressions of the project

Aerial view ISLASOL I (August 2016)

For more information please visit Wikipedia

Project details

Project Special Purpose Vehicle (SPV)	Negros Island Solar Power Inc.
Location	National Highway, Barangay Cubay, La Carlota City, Province of Negros Occidental, Philippines Coordinates: 10 25 22.84 N, 122 56 12.52 E
Technical Specifications	18 MWp DC ground-mounted solar plant Project site: 247,300 m² Solar irradiation at project site: 1,843 kWh/m²/year (PV Syst) Grid connection: To an existing 69 kV substation, 12 km away
Reach of Electricity Supply	41.000 people
New permanent jobs	7 in the plant
Supplier/Manufacturer	Solar Panels: Conergy (Germany) Mounting Systems: Mounting Systems (Germany) Inverters: SMA Solar Technology (Germany) Monitoring System: Hensel (Germany) Cables and Wires: General Cable (USA), Philflex (Philippines) Spaced Aerial Cables: Bangkok Cable (Thailand) Junction Boxes, Optical Cables, Connectors and Tool Boxes: Huber+Suhner (Switzerland) Transformers: Schneider Electric (France)
General Contractor (EPC)	Conergy Asia & ME Pte. Ltd. (EP: Engineering, Procurement) SJR Industrial Construction (Construction - groundworks and foundations) Schema Konsult, Inc. (Construction - electrical works and erection)
Operations & Maintenance	Conergy Asia & ME Pte. Ltd.
Owner‘s Engineer	Syntegra Solar International AG
Electricity Offtake Counterparty	Interconnection Agreement with National Grid Corporation Renewable Energy Purchase Agreement with National Transmission Corporation (Administrator of the government backed Feed-in Tariff Fund)
Credit Rating Electricity Offtake Counterparty	Standard & Poor´s: BBB with stable outlook Moody‘s: Baa2 with positive outlook Fitch: BBB- with stable outlook
Specifications of the Power Purchase Agreement	Statutorily guaranteed feed-in-tariff degressed rate of PHP 8.69 (USD 0.19) per kWh plus an annual escalation in electricity prices to account for inflation and exchange rate fluctuations. The rate has been set and approved for 20 years by the Government‘s Energy Regulatory Commission.
Status	In full commercial operation since March 2016
Commercial Operations Date (COD) based on EPC contract	January 2016

Status: 31.03.2018

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