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Alternergy inaugurates $29-M Palau solar project

ALTERNERGY Holdings Corp. (Alternergy) and subsidiary Solar Pacific Energy Corp. on Friday inaugurated the Republic of Palau's first solar photovoltaic (PV) plus battery energy storage system (BESS).

The company said the project, with a capacity of 13.2-megawatt peak (MWp) solar PV and 12.9 megawatt-hours (MWh) BESS, was one of the biggest foreign direct investments in Palau with a total project cost of $29 million.