Philippines developing largest solar project in Southeast Asia
The Philippines has commissioned the largest solar power project in Southeast Asia
The Philippines has commissioned the largest solar power project in Southeast Asia and is becoming a key solar energy market in the region.
Two solar projects with a total capacity of 185 megawatts were commissioned in the country earlier in March including a 135 MW project at Cadiz.
The project will cost an estimated $200 million, according to media reports.
As well as being the largest solar power project in Southeast Asia, it is also the 7th largest in the world.
The project is will generate around 188,500 MWh every year and will offset about 95,000 tonnes of carbon dioxide emissions.
The Cadiz project is owned by real estate developer Gregorio Araneta and is being developed by Singapore-based Soleq.
German firm Conergy also commissioned a 50 megawatts project in the Philippines this month that will generate over 78,000 MWh every year, enough to power about 31,700 households.
The Philippines approved the Renewable Energy Law in 2008 which has led to a significant growth in renewable energy capacity.
The government also announced a feed-in tariff scheme through which projects were offered ¢0.21 per kWh which attracted such a significant response from project developers that the government expanded the capacity under the programme from 50 MW to 500 MW.
