MANILA – The country’s supply of renewable energy (RE) continues to increase as Prime Infra’s unit, Prime Solar Solutions Corp., inaugurated its 64-megawatt solar power plant in Maragondon, Cavite on Wednesday.
The new solar plant is part of Prime Solar’s 128-MW pilot project, which includes another facility in Tanauan, Batangas. Both were constructed in April last year.
“The plant inaugurated today is certainly a part of Prime Infra’s wider sustainable strategy and continue to be very much aligned to our purpose of building better lives and resilient economies through critical infrastructure,” Prime Infra president and chief executive officer Guillaume Lucci said.
READ: Prime Solar switches on 64-MW Batangas plant
Lucci said the Maragondon solar power plant has the capacity to power approximately 84,000 households and has the potential to displace over 100,000 tons of coal annually, significantly contributing to environmental conservation efforts.
Prime Solar has also secured a 50-megawatt power supply agreement with the Manila Electric Company (Meralco) for 20 years.
The Department of Energy (DOE) requires distribution utility companies like Meralco to source at least 2.52 percent of their energy requirement from RE sources.
Moreover, Lucci said the Maragondon solar power plant is poised to enhance economic growth and energy security in the region by creating local employment opportunities and stimulating economic activities related to RE development and maintenance.
“Trust that we will continue to support the national government’s agenda transition to clean energy sources, and we will proactively explore opportunities within the renewable space while capitalizing on innovative solutions to achieve energy security, dependability and affordability,” he said.