PGEC to build solar farm in Bohol
BY LENIE LECTURA – SEPTEMBER 28, 2022
from Business Mirror
PetroGreen Energy Corp. (PGEC), the renewable energy (RE) arm of Yuchengco-led PetroEnergy Resources Corp. (PERC), expects the completion and commercial operation of its planned 27MW solar power project in the last quarter of 2024.
The company launched Tuesday its 27MW Dagohoy Solar Power Project (DSPP) in Brgy. San Vicente, Dagohoy, Bohol.
The DSPP will be located in a 22-hectare site and will utilize 61,200 solar panels. “Once operational, we expect DSPP to produce approximately 36 GWh (gigawatt hours) of electricity annually, enough to serve around 15,000 households,” PGEC Assistant Vice President for Operations Maria Victoria M. Olivar said.
At present, PGEC is completing all the necessary pre-development permits. “Barring any delays, we expect to complete and commercially operate the solar power facility by fourth quarter of 2024, at the earliest.”
As a solar power project, DSPP will have no greenhouse gas emission and is considered to be cleaner and more environment-friendly than fossil-fired power plants.
“This project is very much aligned with our vision of Green Bohol,” said Bohol Governor Aris Aumentado.
Aumentado, together with key local government officials of the Dagohoy, Barangay Council of San Vicente, and senior executives of PGEC, led the symbolic laying of capsule containing the project’s conceptual design.
Dagohoy Municipal Mayor Hermie Relampagos welcomed the development and called it a “game-changer” that can help transform their town.
“We are very happy that PGEC chose to invest in our town. Dagohoy is a 5th class municipality and we know that projects such as DSPP, will bring socio-economic benefits that can help our people. We are ready and willing to extend all the help and support we can give to make this successful,” said Relampagos.
PGEC holds interests in the 32 MW Maibarara Geothermal Power Project in Batangas, 36 MW Nabas-1 Wind Power Plant in Aklan, and the 70 MW Tarlac Solar Power Project in Tarlac City.
