By Francis Allan L. Angelo
An independent power producer based in northern Iloilo recently sealed a contract for a 5.57-megawatt solar photovoltaic project.
The solar power project that will cost around P260 million is located inside Palm Concepcion Power Corporation’s (PCPC) facility in Barangay Nipa, Concepcion, Iloilo.
PCPC aims to finish the project in the last quarter of 2023.
The power distributor inked the EPC Contract with China Energy Engineering Corporation to its affiliated firm, the China Energy Engineering Group Northeast No.1 Electric Power Construction Co. Ltd. (NEPC) last April 25, 2023.
The solar farm project is one of Juxtapose Ergo Consultus Inc.’s (JECI) initiatives to achieve its target of 800 megawatts capacity by 2030.
JECI, the management company of PCPC and Peakpower Energy Inc. (PEI), is expanding its portfolio to renewable energy technologies, either directly connected to the grid or embedded in the distribution utilities.
JECI-managed power plants have an existing installed capacity of 190 megawatts. This includes the PCPC’s 135-megawatt Circulating Fluidized Bed Combustion (CFBC) power plant in Iloilo province and the 55-megawatt diesel-fired PEI power generating facilities in Mindanao.
