The Germany-based EPC specialist is now waiting to see whether the eight ground-mount arrays will be awarded the FIT, currently set at 8.69 pesos ($0.19)/kWh.
Competition for the incentives — which are offered on a first-come, first-served basis — is fierce, and Conergy’s latest batch of projects already account for the lion’s share of the government’s 500MW installation quota for solar.
On
