Independent Power Producer

Project No. 1 – Matatoa Solar Farm

Tonga Power Ltd and China Singyes Solar Technologies Holdings Limited signed a 25 year Independent Power Producer Agreement in September 2016 for the installation of a 2 Megawatt solar farm in Tonga.

The facility, is Tonga’s largest solar plant to be financed through a third party private investment and owned and operated by an Independent Power Producer.

1. Company Introduction
China Singyes Solar Technologies Holdings Ltd (Singyes Solar) was founded in 1995. With over 20 years of stable development and continous innovation, the Group gradually built up a high-tech profile, which was specialized in green building technology, renewable energy application, new materials and solar PV integrated ecological agricultural products.

2. Matatoa Solar Farm – Project Investment

	I. System Capacity: 2 Megawatt
	II.Technology: High efficiency solar panels with to central inverters
	III. Total number of Solar Panels: 7,740 panels
	IV. Supply Method: Interconection to TPL grid
	V. Expected Generation: Over 2,800,000 kWh over the first year of operation
	VI. Funded By: China Singyes Solar Technologies Holdings Limited at US$4.4 million or TOP$9 million

3. Benefits to Tonga

	Contributes 5% of Renewable Energy to Tonga’s 50% renewable energy target by year 2020.
	Supply clean energy to over 17,000 electricity consumers
	Create work opportunities for locals
	Saves Tonga 680, 000 litres of diesel for power generation over the first year of operation
	1,600 carbon dioxide emission reduced along the life of the plant