Conergy, one of the world’s largest downstream solar companies announced in November 2014 that it was awarded contracts to build two new solar plants in the Philippines, where it is already the market leader for solar Engineering, Procurement and Construction (EPC).
The Philippines is rapidly increasing energy generation in order to reduce electricity prices, which are the fifth highest in the world and to improve the country’s competitiveness ahead of the launch of the ten-country Association of South East Asian Nations (ASEAN) single market, which will be the sixth biggest in the world. Electricity market data indicate that average spot electricity prices decline as solar power generation increases, due to reduced consumption of expensive diesel. The Philippine government is therefore supporting solar through a feed-in-tariff of 0.21 USD / 0.17 Euros per kWh of grid-connected PV.
Bronzeoak Philippines President Jose Maria P. Zabaleta Jr. shares, “Sacasol is moving ahead with its expansion and is excited to be doing so with Conergy, with whom it has worked well in the past. With the right partners, the projects can be delivered on the to meet the country’s growing energy needs.”
Alexander Lenz, President Conergy Asia & Middle East, said: “We are very encouraged by the increasing recognition of the relevance of solar power in the Philippines as more developers and project sponsors ramp up their investments in utility-scale solar to meet the growing power demand in the country. These additional projects with SaCaSol, which triple their solar energy capacity, not only underscore solar’s growing acceptance and strong momentum but also demonstrate the improving economics of solar in the Philippines.”
The first project is called SaCaSol I C/D and involves the expansion of the Philippines’ first large solar plant SaCaSol I A/B, located close to the port of San Carlos City, which was built by Conergy for SaCaSol and opened by President Benigno Simeon Aquino in May. The capacity of SaCaSol I will be increased by 23MWp to 45MWp – enough to suppy 27,300 homes in the local area.
San Carlos City, Negros Occidental, Philippines
88,946 Conergy PH crystalline modules
22 Central inverters
Conergy Sigma II
Size of Plant:
324,214 Square meters
Annual CO2 Savings: