(Taguig City) The Department of Energy (DOE) clarifies that the race for feed-in tariff (FIT) allocation entitlement is on-going. The installation targets of run of river hydro (250 MW), biomass (250 MW), wind (200 MW) and ocean (10 MW) remain available. Earlier this month, the San Carlos Solar 13 MW Solar Project in Negros has been issued with a Certificate of Endorsement (COE) for the FIT Solar eligibility to the Energy Regulatory Commission (ERC).
For transparency, the DOE has setup a monitoring board on its website to show status of FIT Eligibility implementation and other important updates concerning the matter.
Under the DOE Circular DC2013-05-0009, only RE Developers with valid and subsisting Renewable Energy Service/Operating Contracts (RESC) can apply for Eligibility and inclusion of their RE projects under the FIT System by submitting a document declaring the commercial feasibility of a project and Work Plan. Thereafter, RE projects with Compliant Declaration of Commerciality shall be issued with Confirmation of Commerciality which shall serve as a Notice to Proceed to the Construction Phase. The DOE will monitor the status of the Construction Phase of the project and shall conduct site validation for the approved Work Plan. The COE for FIT Eligibility to ERC shall be issued by the DOE on a first-come-first-served basis only upon confirmation of the Successful Commissioning of the project.
The DOE encourages RE developers to continue submitting applications for FIT eligibility to support the government’s commitment to accelerate the exploration, development, and optimal use of the country’s RE sources.