President Tommy Remengesau, Jr. (right) is seated next to Senate President Hokkons Baules (left) during the leadership meeting in Palasia Hotel on January 11 where he announced that a petition signed by 5,000 Palauans to show support on the Power Purchase Agreement will be submitted to the Olbiil Era Kelulau (Palau National Congress) this week. […]
Tag: microgrid
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France declares support for Palau-Engie renewable project
The French government declared support for Palau’s planned 100-megawatt microgrid project. In a December 10 letter to President Tommy Remengesau Jr., Nicolas Galey, French Ambassador to Palau praised the island nation’s commitment towards a transition to clean energy. ENGIE EPS signed a 30-year agreement with Palau to construct a renewable energy project that will feature […]
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Senate action baffles Engie EPS, decides to visit Palau
From left to right, Palau Public Utilities Corporation (PPUC) Chairman Gregorio Decherong, Public Infrastructure, Industries and Commerce Minister Charles Obichang, and Engie EPS Chief Executive Officer Carlalberto Guglielminotti signing the Power Purchase Agreement. (File Photo) Perplexed by the news that the Palau Senate had voted no to the resolution that would ratify the amended and restated Power Purchase Agreement […]
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PPA deadline looms, Anastasio calls for Senate decision
With December deadline looming for approval of the amended and restated Power Purchase Agreement (PPA) between Palau Public Utilities Corporation (PPUC) and Engie Eps, House Speaker Sabino Anastacio calls for a decisive action by the Senate. “Vote yes or no to the PPA, so that we can either stop or move forward,” he says of […]
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Island Times asks GridMarket CEO for some insights on microgrid project, here’s what he has to say
Island Times: For now, I have one thing in mind which I would like to have a clarification with. In my previous interview with one of the senators, it was shared that one of the Senate’s concerns is whether the Palauan people are going to pay a power bill that is fair. PPUC Board Member Brian […]
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Legal opinion states lack of PEA promulgated rules harmless on power purchase deal but…
The Attorney General’s Office issued two separate legal opinions on Palau’s Power Purchase Agreement (PPA) with French company Engie Eps stating that although the Palau Energy Administration’s (PEA) lack of promulgated regulation is harmless to the validity of the contract, exempting any independent power producer from tax, however, is prohibited by law. The Senate’s refusal […]