PAVI Green expects to complete solar projects next year

BY LENIE LECTURA – DECEMBER 5, 2022
from Business Mirror

PAVI Green Renewable Energy Inc. (PAVI Green) will complete the development of its 20megawatt (MW) solar power project in Bataan by early next year and possibly two more by the end of 2023.

“The completion rate is at 90 percent already. We are targetting early 2023 the commissioning of the PAVI Green Bataan in Orion,” said PAVI Green Renewable Energy Inc. Chief Operating Officer Robert Marlon Pereja.

The output of solar project was already contracted by Kratos RES Inc., the retail electricity supplier (RES) of PAVI Green. A RES is an entity that provides energy in market segments where consumers are enabled to source power from sources other than the existing distribution utility in their area.

“It’s already fully subscribed .The offtaker is our own RES, Kratos,” he added.

The two other projects are the 26-MW scalable to 36-MW project in Camarines Norte, and a 50-MW scalable to 75-MW project in Naga City. If completed these projects would add up 106 MW DC.

“We are aspiring to commission it by December 2023,” said Pereja.

All three form part of the country’s goal of putting up 1,000 megawatts of renewable energy projects worth roughly P40 billion. The planned investments will help the company become one of the leaders in the fast-growing clean energy industry.