GridMarket Chief Executive Officer Nick Davis said that slow action on the microgrid project deal with the Engie Eps might put the unsubsidized microgrid project in Palau at risk. “Engie tapped into Philanthropic funding to deliver this groundbreaking initiative, but this funding is competitive and will elapse, which will result in higher cost offers for […]
Tag: microgrid
Posted inTop Stories
Let’s not miss the tide, says Former President
“Let’s not miss the tide,” said former President Kuniwo Nakamura, urging Palau congress to take action to approve the Power Purchase Agreement recently signed by Palau Public Utilities Corporation to purchase solar generated power from Engie EPS. “Opportunities like this don’t come every day before us so let’s grab it before we miss the tide,” […]
Posted inTop Stories
Palau inks Power Purchase Agreement with ENGIE Eps
An iconic 100 MW microgrid will couple renewables and energy storage to transform Palau into a resilient, low carbon energy country, and further establish the island nation as an exemplary leader in the global transition towards clean, distributed energy. The Republic of Palau announced today the signing of a Power Purchase Agreement with ENGIE Eps, […]