April 5 (Renewables Now) - The Asian Development Bank (ADB) announced on Thursday the inauguration of a 50-kW solar photovoltaic (PV) system with the 273-kW energy storage unit bringing uninterrupted electricity supply to a rural community living on the Malalison Island in the Philippines.
The Malalison PV-plus-storage hybrid system is a pilot project carried out by a private joint venture (JV) between Philippine utility Antique Electric Cooperative (ANTECO) and One Renewable Energy Enterprise, Inc (OREEI), a local solar company, with the ADB providing technical assistance.
Previously, the island community relied on costly diesel-fueled generators, which supplied power for only four hours a day, leaving residents in the situation of limited economic opportunities. Now with the PV hybrid system installed, the islanders will benefit from the solar power generated during the day and lithium-ion battery storage, while a 54-kW diesel generator will serve as support.
The total cost of the project is USD 500,548 (EUR 445,828). The ADB has provided two USD 100,000 grants for the solar system and prepaid metering, the use of which will also be piloted. The remaining funding of USD 125,474 and 175,074 for the solar generation is provided by ANTECO and OREII, respectively.
(USD 1.0 = EUR 0.89)