Philippines: New solar panel factory in Batangas to generate 1,000 jobs
A 600-megawatt solar panel factory is set to start its operations in Santo
Tomas, Batangas, marking the first time that solar panels will be produced
by a Philippine-owned company.
Solar Philippines said the factory will generate about 1,000 jobs and use
high-end German equipment and high-efficiency Taiwanese cells.
In a statement, Solar Philippines President Leandro Leviste said the country
can save P50 billion to P100 billion yearly once it can be demonstrated that
solar with batteries can provide reliable power 24/7.
"Vertical integration is the key to making solar cost-competitive, as in
other countries, where solar is already cheaper than coal and especially
natural gas," Leviste said.
"We encourage other power companies to join this transition into a
solar-powered future, which represents a historic opportunity for the
Philippine power industry to remake our generation infrastructure and
accelerate the advent of sustainable energy worldwide," he added.
Solar Philippines said it will announce a partnership with a leading global
solar manufacturer in time to support the company's 2017 projects, including
a 50-MW panel in Batangas and Cavite, which will supply Meralco under a
recently signed agreement, and a 150-MW panel in Tarlac, the country's first
battery-equipped solar farm to supply power at rates lower than fossil fuel.
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Link to Original Article:
https://business.inquirer.net/224456/new-solar-panel-factory-generate-1000-j
obs
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John Diecker
APT Consulting Group Co., Ltd.
www.aptthailand.com
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