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 […]
Tag: Power Purchase Agreement
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GridMarket CEO explains why the inked PPA is the best deal for Palau
As opposing views surrounding the Power Purchase Agreement (PPA) signed by the Palau Public Utilities Corporation (PPUC) with France-based company Engie Eps continue to divide the Palauan leadership, GridMarket Chief Executive Officer Nick Davis has stepped in to explain that the proposed $0.19/kWh starting energy rate for Palau under the microgrid project is a “great […]
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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,” […]
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Senate committee chair lays down OEK’s issues on PPA
Senate’s Committee on Public Utilities Chairperson Rukebai Inabo has laid down several concerns raised by the Olbiil Era Kelalau (OEK) on the Power Purchase Agreement (PPA) entered into by the Palau Public Utilities Corporation (PPUC) and the Engie Eps. In an exclusive interview with Island Times on Friday, October 19, Inabo said that the “sticking […]
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PPA negotiations still on
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 […]