- AboitizPower and SunEdison award P3.59B EPC contract for its first solar energy venture to Nari Group
- The 59-MWp Negros Solar Energy Project expands AboitizPower’s renewable energy platform
AboitizPower and California-based partner SunEdison have awarded the P3.59-billion engineering, procurement and construction (EPC) contract to Nari Group to build the 59 MWp Negros Solar Energy Project near San Carlos City, Negros Occidental.With more than 30 successfully completed projects in the Philippines, Nari Group was selected to undertake the construction of the solar facility. The project is expected to begin commercial operation in the first quarter of 2016. Once completed, it will be one of the largest solar power projects in the Philippines.
The 58 MWp Negros Solar Energy Project is the first of a series of utility-scale solar power projects that AboitizPower and SunEdison will pursue after the two companies signed last year the joint framework agreement to explore, develop, construct, and operate up to 300 MW of solar farms in the country over the next three years.
The foray into solar energy production boosts AboitizPower’s renewable energy platform. Under its Cleanergy brand, AboitizPower operates hydroelectric and geothermal power plants, which account for 40 percent of its total power generation.
This project is in support of the call by the government to maximize the renewable energy potential of the country. AboitizPower is one of the biggest renewable energy producers in the country and we will continue to expand this capacity. This project is a testament to that commitment.–ARM