roject is said to be $29 million. Jointly owned by SPEC and its listed parent Alternergy, the project will meet more than 20 percent of Palau"s energy needs. SPEC was awarded a long-term power supply agreement by the Palau Public Utilities Corporation (PPUC) to feed power. roject is said to be $29 million. With 100 MW of power generation and distribution capacity, the Armonia tem (BESS), and was inaugurated on 2 June. It is locat solar and battery energy storage facility. Located on Palau [s largest island, Babeldaob, the Project will compri and was. . irect investments in the country. The project cost USD29 million,the venture marks a re h project in the Western Pacific. It will lessen Palau's imported fuel dependency,a major step t Power,a privately owned company. The plant will provide approximately 20 per cent of Palau's power. . With 100 MW of power generation and distribution capacity, the Armonia microgrid will enable Palau to meet its 45%-by-2025 renewable energy goal five years ahead of schedule, as well as offer electricity at the lowest rates in Palau"s history, according to the project partners. Design of 100MW. . As shown in Table 1, the bidding strategy for existing renewable energy power stations participating in the EM is gradually transferring from the DA market to multiple markets, and electricity products are gradually expanding from traditional energy products to other electricity products, such as. . The plant will provide approximately 20 per cent of Palau's power needs,delivering up to 23,000 megawatt hours per year to the grid network,reducing Palau's reliance on expensive diesel generators. How will solar energy be produced in Palau? Solar electricity will be produced by a hybrid 15. 3 MWdc. . Major commercial projects now deploy clusters of 15+ systems creating storage networks with 80+MWh capacity at costs below $270/kWh for large-scale industrial applications.