ISLASOL I A
20. February 2020
ISLASOL II
20. February 2020

ISLASOL I B

ISLASOL I B is a 14-megawatt solar power plant located in La Carlota City on Negros Island and was commissioned in March 2016.

Project site

PROJECT SITE

NEGROS OCCIDENTAL, PHILIPPINES

CO2 reduction

CO2 REDUCTION

13,866 TONNES P.A.

Reach of electricity supply

REACH OF ELECTRICITY SUPPLY

21,704 PEOPLE

Capacity

CAPACITY

14 MW

Project Videos

 

Aerial view ISLASOL I (August 2016)

 

Impressions of the project

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 21,704 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.
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 (PPA) 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.
Status In full operation since March 2016.

Status: 30/06/2021

Thomaslloyd is a Signatory to the Principles for Responsible Investment (PRI)

and other Key Responsible Investment Initiatives

ThomasLloyd is committed to investing responsibly. We believe that the integration of material environmental, social and governance (ESG) factors into our investment process is a core part of our fiduciary duty to act in the best interests of our clients and their beneficiaries. To formally incorporate and systematically integrate ESG factors therefore in this process, we have developed a Socially Responsible Investment Policy, Methodology and Framework.


Find out more