Saturday, July 29, 2017

Philippines: 60 MW solar PV plant commissioned on Cebu Island

Philippines: 60 MW solar PV plant commissioned on Cebu Island

Having been awarded the certificate of compliance (COC) by the Energy
Regulatory Commission (ERC), the First Toledo Solar Energy Corporation
(FTSEC) has switched on its 60 MW solar power plant in the city of Toledo,
southwestern Cebu.

"The COC is proof that a power plant complies with all the applicable
regulations, deeming it safe to switch on and operate," said renewable
energy company Citicore Power, Inc. (CPI), the mother firm of FTSEC.

In October 2016, the Development Bank of the Philippines (DBP) granted a
P4.375 billion loan ($86.5 million) to FTSEC to partially finance the
construction of the Toledo solar power plant.

The ERC has also given a regulatory nod to Next Generation Power Technology
Corp., a wholly owned subsidiary of CPI, which operates an 18 MW solar power
plant within the Freeport Area of Bataan in Mariveles.

Meanwhile, CPI is also working to secure the COC for its third solar power
plant of 25 MW located in Silay City, Negros Occidental, which operates
under Silay Solar Power, Inc. (SSPI).

In addition to more than 100 MW of solar projects across the country,
Citicore Power Inc. is also developing hydropower projects, with several of
them recently applied with the Department of Energy, as the company
continues to actively pursue its 1,000 MW capacity target of renewable
energy capacities.

As the island country's solar boom continues, the Department of Energy for
the Philippines gave its full support earlier this year for a proposed 150
MW Conception Solar Farm, which is expected to meet the entire power needs
of the Tarlac province.

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Link to Original Article:
https://www.pv-magazine.com/2017/07/28/philippines-60-mw-solar-pv-plant-comm
issioned-on-cebu-island/


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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