Phelan Energy Group
Phelan Energy Group Limited, ‘PEG’ is a world leading private solar IPP and innovator in renewable energy and storage, specializing in the low cost production of photovoltaic solar electricity. Phelan Energy Group has to date 255 MWp of projects in operation, over 150MWp under construction and development and a global project pipeline exceeding 1GW. In April 2016, Solar Capital, PEG’s South African subsidiary, launched the largest solar farm in Africa 175 MWp PV plant in De Aar – South Africa. Being a world leader in low cost solar developments, the Group participated in the reverse auction of Bhadla Phase – IV Solar Park in Rajasthan, organised by the Solar Energy Corporation of India (SECI) in May 2017. Phelan Energy Group secured the preferred bidder status for 50MWac solar project at a tariff of INR 2.62 (approx. 4 USD cents /kWh) which was the lowest bid ever in India solar at the time and below the price of electricity from fossil fuels. We are a dynamic young company, with a world-class team, dedicated to lead the amazing opportunity that is Solar energy. We identify solar development locations, get all the required permitting and approvals, enter into long term Power Purchase Agreements, then build, own and operate these solar installations. We are continuously expanding our market development reach to new countries which are vigorously entering the renewable energy sector.