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Solar Philippines building 500MW solar farm on old ranch in Nueva Ecija on June 28, 2021 at 12:03 pm
Solar Philippines has announced that it will begin construction works on its 500-megawatt (MW) solar farm in a former ranch in Peñaranda, Nueva Ecija in the coming months.
The project is Southeast Asia’s largest solar power project to-date.
Through wholly-owned subsidiary Solar Philippines Nueva Ecija Corporation, the company is gearing up to build the project’s first 225MW project, which would be the largest solar venture in the Philippines by far, followed by the remaining 275MW.
The company is keeping its options open on off-take for the project, which can sell its output into the Wholesale Electricity Spot Market during the sunniest hours when demand is highest. This will supplement the Luzon Grid’s thin reserves and help prevent a repeat of the recent Red Alerts and rotating brownouts.