CLARK FREEPORT ZONE, Philippines – Singapore-based Sindicatum Renewable Energy Company (SREC) inaugurated last Friday, March 11, its 22-megawatt solar power plant in this former United States military base, initially producing 4 megawatts.
The US$40 million solar power plant will “provide alternative power supply to the growing power needs of the locators” here, the Clark Development Corp. (CDC), a subsidiary of the Bases Conversion and Development Authority which manages the 4,400-hectare main freeport and the 27,600-hectare special economic sub-zone, said in a statement.
Situated at a leased 25-hectare area in Calumpang village, Mabalacat City within the freeport, the solar power plant is a joint venture between the SREC; Armstrong Asset Management, a Singapore-based private equity company; and Mabalacat Solar Philippines, Inc. (MSPI), a Philippine owned company.
MSPI’s chairman Jose Leviste Jr. is a member of the advisory board of Sindicatum Group, the parent company of SREC.
Last year, SREC contracted the India-based Sterling and Wilson Pvt. Ltd. to set up the 22-MW solar power plant.
The CDC said it is the first renewable energy project in the freeport that would provide clean, adequate and low-cost power supply to residents and locators here and serve as an initial step towards the government owned and controlled corporation’s “commitment to reduce carbon footprint inside Clark.”
The solar power plant, which is also seen as a support utility for the 9,450-hectare Clark Green City at the sub-zone, was completed last Monday, March 7, and is already interconnected with the Clark Electric Development Corporation and registered with the National Grid Corporation of the Philippines (NGCP) for the eventual supply of excess power to the Luzon grid.
The CDC expects the solar power plant to operate to its full capacity within this month or as soon as it is registered with the Wholesale Electricity Spot Market and secures NGCP’s approval to connect as a power generator.
The state-owned corporation said the SREC will also build a 25-MW solar power plant near the Clark Green City in the future.
Aside from the solar power plant here, the Department of Energy has approved two other solar power projects in Pampanga. These include the 23-MW plant of Raslag Corporation in Mexico town and the 50-MW plant of the Solar Power Utilities Generator Corporation in Porac town. – Rappler.com
Solar panels image courtesy Shutterstock