BY LENIE LECTURA – FEBRUARY 24, 2022
from Business Mirror
Aboitiz Power Corp. (AboitizPower) on Thursday broke ground for its 94-megawatt (MW) peak solar power project in Pangasinan.
This will be the second solar power project of Aboitiz Renewables Inc. (ARI) after its 59-MW peak solar plant in San Carlos City, Negros Occidental.
The project will soon rise on a 196-hectare site in Barangay Cayanga, about 13 kilometers southwest of the province’s capital.
The power firm awarded to JGC Philippines Inc. the P4.5-billion engineering, procurement, and construction (EPC) contract. Construction is set to begin immediately and is targeted to be operational by the fourth quarter of 2022.
Once completed, the power plant is expected to produce about 147 million kWh of clean energy annually or equivalent to the yearly power consumption of 60,000 average Filipino homes.
“Cayanga Solar is a very significant project for us at ARI. This marks the beginning of our exciting journey ahead—growing our renewable energy portfolio over the next 10 years to accelerate the Philippine energy transition to more environmentally sustainable sources,” ARI Executive Director David J. Smith said.
AboitizPower is also looking to develop other renewable energy projects in the region, particularly wind and solar, with tendering on the 167-megawatt peak Laoag solar project in Aguilar, Pangasinan ongoing.
With a projected investment of around P190 billion, the company is looking to grow its Cleanergy capacity to 4,600 MW, which will make up 50 percent of its total generation portfolio of 9,200 MW by 2030.