ISLASOL I A
25. November 2015
ISLASOL II
25. November 2015

ISLASOL I B

Expertise

PROJECT SITE

NEGROS OCCIDENTAL, PHILIPPINES

Expertise

CAPACITY

14 MW

 

Expertise

REACH OF ELECTRICITY SUPPLY

32 000 PEOPLE

Expertise

CO2 REDUCTION

11.536 TONNES P.A.

Landkarte Portfolioreport Web ISLASOL I B

Impressions of the project

Aerial view ISLASOL I (August 2016)

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
  • 14 MWp DC ground-mounted solar plant
  • Project site: 200,000 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 32.000 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 (USD0.19) 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.
Commercial Operations Date (COD) based on EPC contract January 2016

Status: 31.03.2018

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