The Philippine Government is looking to increase installation targets for wind power projects under the Feed-in-Tariff programme (FIT), the National Renewable Energy Board (NREB) said.
The plan was unveiled after the Department of Energy (DoE) decided to increase the solar project installation capacity from 50MW to 500MW under the feed-in tariff (FiT) program, which is aimed at addressing the power supply problem in the country.
NREB chairman Pete Maniego said that the DoE had issued the certification last week, adjusting the total solar installation target to 500MW and transmitting it to Energy Regulatory Commission (ERC).
Maniego said, "The DoE and National Renewable Energy Board (NREB) will study possible installation target adjustment later this year, once the commercial operation dates of ongoing wind projects are definite.
"The wind proponents must also show that their projects will be quick to deploy like solar, so as to augment the power supply and, thus, moderate the increase in WESM [Wholesale Electricity Spot Market] prices during peak demand periods."
The DoE's plan will be reviewed by the ERC and will set the new FIT rates.
At a premium rate for a period of 20 years, renewable energy (RE) developers will report the project's capacity to the grid, under the FiT programme, BusinessWorld Online Edition reported.
The proposal to increase certain RE technologies installation ceilings follows supply problems during the summer due to limited power generation capacities available.
Energy Secretary Carlos Jericho Petilla said, "We are expecting better summer months in 2015 with the new plants that are coming in but I cannot leave that to chance so I want additional solar plants because the profile of solar fits summer."