How will solar energy be produced in Palau?

Solar electricity will be produced by a hybrid 15.3 MWdc (13.2 MWac) solar photovoltaic (PV) plus 10.2 MWac/12.9 MWh battery energy storage system facility. Extensive safeguards to protect Palau’s pristine environment SPEC did not leave any stone unturned to protect the pristine Palau ecosystem.

How much does electricity cost in Palau?

The price of electricity in Palau, as of June 2021, is 0.000 U.S. Dollar per kWh for households and 0.000 U.S. Dollar for businesses (including all components of the electricity bill such as the cost of power, distribution, and taxes).

Does Palau rely on fossil fuels?

As a small island developing state, the Republic of Palau sought to wean itself off its dependence on fossil fuel for power, which accounts for 99.7% of the country’s power generation. To address this issue, Palau invited Solar Pacific Energy Corporation (SPEC), Alternergy’s solar developer, to develop a clean, renewable energy source.

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%.

Can solar power be used in Palau?

Solar has high potential for deployment in Palau within its existing net metering regulations and financing mechanisms, and could support a reduction in fossil fuel imports.

How can Palau reduce energy consumption?

The NEP set targets to reduce national energy consumption 30% by 2020 and produce a minimum of 20% of total energy from renewable sources by 2020.5 Palau initiated energy eficiency efforts to reduce governmen-tal energy use through its Energy Conservation Strategy in 2007.