4/6/2024 0 Comments Snap on epc 5Singapore-headquartered Nexif said its PSA approach is a solution to support new solar deployment in the Philippines, which is said to have been slow since the country’s feed-in tariff for new projects ended in 2016. The deal will see SN Aboitiz Power (SNAP), a joint venture between Philippine utility Aboitiz Power and renewables developer Scatec, purchase most of the electricity and green certificates generated by Nexif’s Calabanga solar farm in the Camarines Sur province. Independent power producer Nexif Energy has secured a ten-year power supply agreement (PSA) for a 75MWp solar plant to be constructed in the Philippines. The Calabanga project is expected to be operational by the end of 2022.
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