PetroGreen signs supply agreement with Trina Solar
By Alena Mae S. Flores – April 18, 2024, 8:10 pm
from manilastandard.net
PetroGreen Energy Corp., a subsidiary of listed PetroEnergy Resources Corp. and its Chinese supplier Trina Solar, a global leader in smart photovoltaic and energy storage solutions, signed a master supply agreement (MSA) for 117 megawatts of high-performance PV solar modules.
The solar modules will be delivered to various projects of PetroGreen’s subsidiary, Rizal Green Energy Corp.(RGEC).
Trina Solar will also supply modules to PetroGreen’s projects including those in the provinces of Nueva Ecija, Pangasinan and Isabela.
“Our continued partnership with Trina Solar signifies our commitment in ensuring that highest quality components and innovative technologies are deployed in our solar projects,” said PetroGreen vice president for commercial operations and business development Maria Victoria Olivar.
“We are delighted that this cooperation will significantly boost Philippine’s energy transition to renewable energy through solar power projects and will contribute to achieving a low-carbon future,” said Olivar.
The parties forged a partnership in 2015 with the delivery of 27 MW of modules to PetroGreen’s Dagohoy solar project in Bohol, the first large-scale solar farm on the island which due to be completed this year.
PetroGreen’s projects will use more than 129,000 modules, generating an estimated annual energy yield of 129.14 gigawatt-hours (GWh) that can power 53,800 homes annually.
Trina Solar Asia Pacific head of Southeast Asia Elva Wang said the Philippines has immense potential to harness solar energy to meet its rising energy demands.
“This expansion of our partnership underscores our mutual commitment to long-term collaboration and the continued growth of renewable energy initiatives in the Philippines. Together, we remain steadfast in our pursuit of a sustainable future powered by clean energy,” Wang said.
“By expanding our footprint in the Philippines and forging long-term partnerships with industry leaders like PetroGreen, we are confident that together, we can significantly contribute to the Philippines’ clean energy goals and solidify Trina Solar’s position as a key player in the country’s solar revolution,” she said.
