Solar energy group to gov’t: Disclose FIT for solar parameters

Solar energy group to gov’t Disclose FIT for solar parameters

The Philippine Solar Power Alliance (PSPA) is pushing the government to release the parameters used to determine the eligible firms for the second round of the Feed-in-Tariff (FIT) for solar.

Speaking during the Solar Energy Forum of Finex Research and Development Foundation Inc., PSPA president Maria Theresa Capellan said that the disclosure is “a welcome development for the solar industry.”

However, the government must be transparent in their release. Capellan said in this way, no questions will arise in the next round of FIT.

Controversies surrounded the recent round of FIT for solar because of the “build first policy” of the DOE. This raised the question of oversubscription because issuance of contracts were not controlled.

“What we need to work on are the parameters that were the basis of their decision. The parameters have to be very clear,” she said.

Developers completed and produced their projects until the March 15 deadline. Qualified firms will receive an P8.69 per kwh FIT rate and an allocation of 500 MW.

Energy secretary Zenaida Monsada spoke to the press during and event and said, “It will be out under this administration.”

“We just had to check, recheck, revalidate because a lot of solar proponents joined the deadline for the second round of FIT for solar.”

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