The 72MW array is the first phase of a bigger 116MW solar project that is set for completion by the end of this year.
AC Energy, the renewable energy unit of Philippines-based conglomerate Ayala Corp., and Citicore Power, which is affiliated with Megawide Construction, said the project is already providing electricity to the local grid. It is now being assessed by National Grid Corp. of the Philippines (NGCP).
“This huge solar plant shall be managed and operated in-house by our Citicore Property Managers,” said Citicore CEO Oliver Tan. “We have eight solar farms and one micro-grid solar rooftop under our management.”
The new 72MW solar plant is expected to generate 105GWh of power per year. However, the companies did not reveal any additional technical or financial details about the project.
In February, AC Energy completed and switched on a 40MW/60MWh storage facility at the 120MW Alaminos Solar plant, one of the largest operational PV projects in the Philippines. The nation currently supports large-scale renewables via an auction scheme. A growing number of utility-scale solar projects are now being developed and constructed under power purchase agreements.
The country plans to install 15GW of clean energy by 2030. Recent statistics from the International Renewable Energy Agency (IRENA) show that the Philippines had a total installed PV capacity of 1.04GW by the end of 2020. Much of the country's build-out has been driven by the national renewable energy law. Most of its solar capacity has also been built and operated under the old feed-in tariff regime, auctions, and net metering programs.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.