Singaporean renewables energy company Nexif Ratch Energy (NRE) has confirmed the start of commercial operations at a 74MWp solar PV project in Camarines Sur, South Luzon, the Philippines.
The Calabanga solar project, which NRE said was the first utility-scale solar power project in the Bicol Region, will deliver clean energy to the national grid, maintained by the state-owned National Grid Corporation of the Philippines.
NRE will sell about 85% of the generated electricity through a power supply agreement with a subsidiary of the AboitizPower Corporation. The remaining generated power will be supplied to the wholesale electricity spot market or commercial and contestable customers via direct short-term contracts.
Construction had been undertaken via a lump-sum turnkey engineering, procurement and construction (EPC) contract with a consortium of PowerChina Huadong Engineering Corporation and PowerChina Philippines Corporation.
Cyril Dissescou, CEO of Nexif Ratch Energy, revealed the company’s delight at its first operating project in the Philippines. More projects, such as its 145MWp Visayas solar project, are set to come online soon.
“The Calabanga solar project demonstrates our commitment to delivering reliable and sustainable energy solutions and contributing to the Philippines’ renewable energy objectives,” Dissescou added.
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