Razon firm starts construction of 140-MW solar energy plants
Prime Infrastructure Capital Inc. (Prime Infra) started construction of its 140-megawatt solar power plants in Tanauan, Batangas and Marogondon, Cavite aiming to start commercial operations by yearend.
Prime Infra, through its unit Solar Tanauan Corporation, held a groundbreaking ceremony for the renewable energy project last Tuesday (April 11) with representatives from the provincial governments of Batangas and Cavite and project partner Power China.
“Our project here at Solar Tanauan Corporation embodies the values that we, as a company, and I personally align with,” said Katrina Razon, Solar Tanauan chair, in a speech following the ceremony.
“We have a strong ESG commitment and sustainability focus and as such,
our goal is to develop and operate our assets in a socially relevant manner,” said Razon.
Article continues after this advertisement“We are here to celebrate the future of renewable energy and the impact we can have on our environment not just in the Philippines but in the world,” she said.
Article continues after this advertisement“We are preparing for a future-proof province here in Cavite,” said Cavite Gov. Jonvic Remulla after the groundbreaking ceremony.
Batangas Gov Hermilando Mandanas said the site of the project in his province, Tanauan City, is one of the most progressive in the country.
“Fortunately now, we are going to have renewable energy from the group of Prime Infra,” said Mandanas also after the groundbreaking ceremony.
Chinese embassy representative Yang Guoliang said energy is one of the four key areas of cooperation between China and the Philippines.
“The Philippines has sufficient sunlight and great potential for solar energy development,” Yang said.
Among the other officials present at the ceremony were Jesus Bernarda Palma III, Prime Infra and Solar Tanauan chief financial officer; Katrina Razon, Solar Tanauan Corp. chair and Guillaume Lucci, Prime Infra president and CEO.
The Tanauan and Maragondon solar power plants will have an installed gross capacity of up to 140 megawatts (MW).
Total annual generation capacity is estimated at 202 gigawatt hours, which
is expected to power over 84,000 households and displace over 100,000 tons of coal per year.
Prime Infra is committed to address sustainability priorities in three key sectors—water, waste management and sustainable fuels, and sustainable energy.
The Prime Infra Group has a pipeline of renewable energy projects in different stages of development with a total gross installed capacity of approximately 5,700 MW of solar generation plus 4,000MWh (minimum) energy storage system.