Monday, May 12, 2014

Philippines' largest solar power plant starts operations this week By: Euan Paulo C. Añonuevo, InterAksyon.com May 12, 2014

Philippines' largest solar power plant starts operations this week


InterAksyon.com means BUSINESS
MANILA - The country's largest solar power plant is set to commence commercial operations this week.
Jose Maria T. Zabaleta, Bronzeoak Philippines Inc chairman, said San Carlos Solar Energy Inc's (SaCaSol) 22-megawatt (MW) solar power plant in San  Carlos City, Negros Occidental will start operating in May 15.
"We've been eagerly awaiting the grand opening of this project, as it will benefit the grid greatly and help avoid the need for diesel plants to supply peak day time power," he said.
SaCaSol is the joint venture of Bronzeoak and European investment fund ThomasLloyd Group.
The solar farm, the largest to be put up in the country to date, is located in the San Carlos economic zone. The facility is expected to help improve the Visayas grid's power supply especially amid projections of a possible prolonged dry spell in the coming weeks.
The SaCaSol consortium invested P1.9 billion to develop the solar plant.
Michael Sieg, ThomasLloyd chairman, said SaCaSol will initially generate 13 MW of power within the week and another nine MW in the following week.
"Installation of the plant's 88,000 photovoltaic panels is already a sight to behold," he said.
Besides the project, Bronzeoak and ThomasLloyd also plan to put up two biomass power plants with a capacity of 45 MW in Negros Occidental and 30 MW in a still to be identified area in Luzon.

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