How much does Palau solar project cost?

In a press release from the company, it said the Palau solar project boasts a capacity of 15.3 MWp solar PV and 12.9 MWh BESS, making it one of the most significant foreign direct investments in the country. The project cost USD29 million, the venture marks a remarkable milestone for Alternergy.

When did Palau launch its first solar and battery energy storage system?

Palau on June 3 launched its first solar and battery energy storage system (BESS) project on Friday. The project was made possible by Renewable company Alternergy Holdings Corp. and its subsidiary Solar Pacific Energy Corporation.

Does Palau have solar power?

Source: PPUC and PEA data (n.d.). Together with a large amount of diesel generation, Palau also has some installed solar PV capacity. Indeed, the country’s current renewable energy capacity includes a total of 2.5 MW of utility-scale solar PV systems (see Table 3).

How much solar PV is needed in Palau?

The results show that on top of the 2.5 MW of solar PV currently present in Palau, an additional 83 MW of solar PV and 20 MW of wind turbines would be required for such a system. Furthermore, this scenario would necessitate a battery storage system of 168 MWh and battery inverters of 34 MW.

Does Palau have a battery storage system?

As there is no battery storage system currently present in Palau, the panels can only generate throughout the day when the sun is available, and no electricity can be stored for later use. Furthermore, the figure also confirms that Palau’s current power system is widely dominated by fossil fuel generation.

What is the Palau solar battery project?

The Palau Solar Battery Project will be the largest such project in the Western Pacific. It will lessen Palau’s imported fuel dependency, a major step towards its ambitious goal of 100%.