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).

Does Palau have a renewable power system?

The results of the optimisation show that Palau’s current power system is dominated by diesel generation, with renewable energy only taking a small share (just 4%). With more deployment, however, the share taken by renewables could potentially increase to more than 92%. This corresponds to the lowest average system LCOE.

What is the current power system in Palau?

CURRENT POWER SYSTEM As mentioned previously, the current power system of the Republic of Palau is widely dominated by conventional fossil fuel generation. The calibration model developed has shown that currently, renewable energy generation represents only 4.03% of the total share of Palau’s power sector.

How many power plants are there in Palau?

Currently, there are a total of five main power plants on diferent islands in Palau, supplying electricity to meet the load. The two largest power plants are the Malakal and Aimeliik power stations, which have total generation capacities of 15.5 MW and 10 MW respectively.

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.