
Aquino was in San Carlos City where he led a ceremonial switch-on of the 22-megawatt (MW), $45-million San Carlos Solar Energy Inc. (SACASOL) (MNS Photo) MANILA, May 15 (Mabuhay) – The first large-scale, commercially-financed and -commissioned solar power plant in the Philippines was turned on by President Benigno Aquino III in Negros Occidental on Thursday amid a tight supply situation that continues to plague the country. Aquino was in San Carlos City where he led a ceremonial switch-on of the 22-megawatt (MW), $45-million San Carlos Solar Energy Inc. (SACASOL). Only the 13 MW first phase of the project was inaugurated Thursday. The second phase of the project, Phase 1B, consists of a 9-MW facility. Once complete, San Carlos Solar is expected to supply 35-million kilowatt hour of energy to the Visayas grid and to cover mainly the power needs of Negros Occidental, Negros Oriental, Cebu, and Iloilo. In his speech, Aquino said the Visayas grid will benefit from the 22-MW additional input from SACASOL, noting that, as a renewable energy project, the power plant is also expected to displace the equivalent of 14,805 tons of carbon emissions per year. “It serves as a shining example of the collective steps we are taking to minimize climate risk – the fruit of our efforts to ensure that future generations will not be subject to the same vulnerabilities as we are now [experiencing],” he said. The government’s project partners in SACASOL are financier Thomas Lloyd, a global investment banking and asset management group Read More …






