Expansion of Major Solar and Battery Project in Palau Secured by Ashurst Perkins Coie
Ashurst Perkins Coie has facilitated the expansion of a significant solar and battery energy project in Palau, enhancing the nation's renewable energy capacity. This project is pivotal for Palau as it aims to decrease reliance on diesel fuel and improve energy security.
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Ashurst Perkins Coie has advised Solar Pacific Pristine Power on the expansion of a solar and battery energy storage project in Palau. The project now features an additional 4.8 MW of AC solar generation capacity and a 19.8 MWh battery energy storage system, making it one of the largest installations in the region.
Previously, Palau relied on imported diesel for over 99% of its electricity. The expansion aims to reduce fossil fuel dependence and increase renewable energy in the national power mix. Financing was secured from the Australian Infrastructure Financing Facility for the Pacific, reflecting Australia's commitment to regional renewable energy initiatives. The legal team included partner Mike Webb and consultant David Mason.
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