As the saying goes, “the devil is in the details”, as the on-going saga of Power Purchase Agreement continued to be discussed between Public Utilities Corporation (PPUC), Olbiil Era Kelulau and the Engie EPS group. The agreement recently signed between PPUC and a majority owned French company Engie EPS, caught flag from the Senate as […]
Tag: ENGIE EPS
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Compliance date not met as OEK scrutinizes PPA
Due to a number of concerns raised by Palau’s national congress on the signed Power Purchase Agreement (PPA) between the Palau Public Utilities Corporation and the Engie Eps, the contract term indicating a compliance date for the congress to ratify the agreement was not met, hence, calling for apparent extension if Palau is to achieve […]
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Contract to achieve 45% renewable energy may be in jeopardy
Palau’s move to achieve its promised objective of 45% use of renewable energy by year 2025 as early as September of next year based on the recent agreement signed between Palau Public Utilities Corporation and ENGIE EPS, is in danger of collapsing due to very tight timeline conditions. The Purchase Agreement recently signed between PPUC […]