Palau energy storage power station investment

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 a solar PV project in Palau?

With a capacity of 15.3 MWp solar PV and 12.9 MWh BESS, the project supports Palau's goal of achieving a 45% renewable energy share by 2025. The project's total investment of USD 29 million contributes to Palau's energy independence, clean power generation, carbon emissions reduction, and local employment opportunities.

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.

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.