{"id":45054,"date":"2015-03-19T01:08:59","date_gmt":"2015-03-18T17:08:59","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=45054"},"modified":"2015-03-19T01:08:59","modified_gmt":"2015-03-18T17:08:59","slug":"batangas-to-have-sufficient-power-supply-with-future-50-mw-solar-farm","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/03\/19\/batangas-to-have-sufficient-power-supply-with-future-50-mw-solar-farm\/","title":{"rendered":"Batangas to have sufficient power supply with future 50-MW solar farm"},"content":{"rendered":"

\"Calatagan_SolarFarm1-40MW<\/a><\/p>\n

MANILA — Batangas will have sufficient power supply in the near future, with Solar Philippines’ groundbreaking ceremony of a 50-Megawatt (MW) solar farm in Calatagan Tuesday.<\/p>\n

\u201cOnce completed this year, it shall generate enough energy to power the majority of the entire province of Batangas,\u201d Solar Phils said in a statement.<\/p>\n

The estimated project cost amounts to US$ 100 million, to be financed through 75 percent bank debt and 25 percent equity, with equity expected to be split at 50-50 with another group.<\/p>\n

The renewable energy (RE) developer targets to finish the 50-MW project by third quarter this year, to avail of the Feed-in-Tariff (FIT), which prioritizes eligible RE projects to run.<\/p>\n

Solar Philippines President Leandro Leviste highlighted the company has an edge in meeting their deadline due to its all around involvement in the project.<\/p>\n

\u201cTaking the same approach as for our rooftop projects, we\u2019ve integrated development, financing, and construction all-in-one, allowing us to move faster in meeting the Department of Energy\u2019s (DOE\u2019s) solar targets for 2015,\u201d he said.<\/p>\n

To date, the 50-MW solar panels also have the biggest installed capacity in the Luzon grid, followed by Cavite Economic Zone (CEZ) solar rooftop power project with 40 MW.<\/p>\n

However, the power stored by the solar panels is still dependent on the availability of sunshine. Thus, it may or may not hit its installed 50 MW capacity.<\/p>\n

The project consists of 150,000 solar panels, which could offset 1 million tons of carbon dioxide in three decades, equivalent to planting over five million trees. It will stand on 75 hectares of land acquired by the company.<\/p>\n

Solar Phils also targets to install more than 200 MW of capacity this year, through a dozen awarded renewable energy service contracts by the DOE.<\/p>\n

It bared having talks with landowners to acquire lands in Luzon, Visayas and Mindanao.<\/p>\n

Solar Philippines is a developer of rooftop power plants, integrating financing, design and installation.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — Batangas will have sufficient power supply in the near future, with Solar Philippines’ groundbreaking ceremony of a 50-Megawatt …<\/p>\n","protected":false},"author":44,"featured_media":45055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,95,5742,5],"tags":[],"class_list":["post-45054","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news-ph","category-science-2","category-technology","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/45054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=45054"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/45054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/45055"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=45054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=45054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=45054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}