A 70-megawatt solar power project portfolio costing $280
million (P12 billion) will be put up in the country by Netherlands-based
Sunconnex Projects BV.
JJ Samuel A. Soriano, SunConnex local unit's president said
that the company is planning to set-up solar farms with 5MW to 10MW capacity
ranges in Laguna, Bataan, Pampanga, Cavite and Zambales.
In addition, to attain this 70MW project, SunConnex are
inspecting more sites in Luzon, Visayas and Mindanao according to Soriano.
He also added that the timetable of the project is dependent
on the implementation of the feed-in tariff (FIT) for renewable energy.
FIT plays a big rule on this project since it guarantees
renewable energy source developers to get paid for the energy that they will
produce and inject into the transmission or distribution systems.
However, Sunconnex is urging the government to maintain the
stability of the country’s business climate by implementing the policies that had
been passed under the Renewable Energy Act of 2008 and not to change the rules
midway through the game.
“Sunconnex remains hopeful that the Philippine government
will maintain stability in its policies to develop renewable energy including
solar. Sunconnex hopes that the government will not change the rules and
policies and proceed with the programs outlined in the RE Act,” Soriano added.
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