Energy agency SP New Energy Corporation (SPNEC) has damaged floor for its photo voltaic mission with subsidiary Terra Solar Philippines.
In a press launch on Monday, SPNEC stated the ”world’s largest photo voltaic mission” would cowl round 3,500 hectares within the provinces of Nueva Ecija and Bulacan.
The firm is already expediting its website clearing actions forward of the development of the mission’s interconnection services with the nationwide grid and the set up of over 5 million photo voltaic panels.
The first section of the mission is scheduled to be delivered by the primary quarter of 2026.
The Terra Solar mission is centered round pasture lands within the city of Peñaranda. According to the power agency, it has already accomplished the photo voltaic panel set up for the primary of its Nueva Ecija photo voltaic developments in the identical city.
It added that the mission is deliberate to incorporate 3500 MW of photo voltaic panels and 4000 MWh of battery storage, with an estimated value of P200 billion.
The mission is anticipated to generate over 5 billion kWh yearly, or an estimated 5% of the entire quantity of the Philippine grid and 12% of its complete demand.
Citing the Department of Energy, SPNEC stated the mission would additionally exceed the capability of all grid-connected photo voltaic tasks working within the Philippines mixed at over 1.5 GW.—RF, GMA Integrated News
Source: www.gmanetwork.com
