DOE: FIT Allocations Progress

The Department of Energy (DOE) clarified that the race for feed-in tariff (FIT) allocation entitlement is on-going. The installation targets of run of river hydro (250 MW), biomass (250 MW), wind (200 MW) and ocean (10 MW) remain available. Earlier this month, the San Carlos Solar 13 MW Solar Project in Negros has been issued with a Certificate of Endorsement (COE) for the FIT Solar eligibility to the Energy Regulatory Commission (ERC).