The Malalison Island Solar Photovoltaic Hybrid Pilot Project is a non-public sector joint venture with Antique Electric Cooperative (ANTECO), the electrical distribution franchise holder, and One Renewable Energy Enterprise, Inc. (OREEI).
Malalison, a 55-hectare island within the municipality of Culasi, Antique Province. Electricity has been generated from diesel-fuelled turbines, offering energy solely four hours a day. Because of the prices and difficulties transporting gasoline, the roughly 160 households on the island additionally must pay a much larger tariff than these on the mainland the place electrical energy is on the market 24 hours a day.
Underneath the pilot undertaking, the modern diesel energy plant is augmented by a solar PV system. The solar energy generated by day is then saved in lithium-ion batteries. Which can present Islanders with dependable and steady 24/7 electrical companies, permitting them better earnings-producing alternatives? Decrease energy costs will even depart extra earnings for the Islanders for different necessities.
Knowledge Management and Sustainable Development VP Bambang Susantono stated the position of the non-public sector on this challenge is showcasing a brand new enterprise model for deploying a distributed renewable energy system.
“ADB’s help of this enterprise is proof of its want to concretely contribute to the government’s goal of 100% family electrification by 2022 via personal sector participation within the power sector,” he mentioned. “The success of this challenge will encourage more buyers into the nation’s off-grid electrification efforts utilizing distributed renewable power system, thereby selling the aim of accelerating power entry and inclusive development.”
The entire mission price is $500,548, of which ADB is offering two $100,000 grants for the solar system and pay as you go metering, respectively. ANTECO and OREEI are offering the remaining funding for the solar technology of $125,474 and $175,074, respectively.