The Department of Energy said Thursday it approved the extension of the feed-in tariff system for run-of-river hydro projects until the full subscription of the 250-megawatt installation target is achieved.
The department said the balance of the 250-MW installation target for run-of-river hydro remained significant at 103.887 MW.
Energy Secretary Alfonso Cusi also acted on the request of the National Renewable Energy Board, endorsing the extension of the deadline for the FIT eligibility of run-of-river hydro projects from Dec. 31, 2019 to such date as the installation target is achieved.
“Despite the extension of the FIT deadline for ROR hydropower, the 250-MW installation target remains undersubscribed. On the other hand, a substantial number of hydropower plant project which are in various stages of construction and vying for FIT eligibility were not able to meet the 31 December 2019,” Cusi said.