Paoay, Ilocos Norte, is considering a second 200 MW solar plant.
In the Ilocos Norte province’s Paoay town, a second 200-megawatt solar project is being considered near the area’s extensive sand dunes.
Francis Sayre, chief operations officer of the Sta. Clara Power Corporation (SCPC), stated that the proposed solar farm is more than twice as large as the recently-opened Currimao 2 solar project in Barangay Paguludan-Salindeg in neighboring Currimao town on Monday while asking members of the Sangguniang Panlalawigan for a resolution of support for the conduct of exploration.
Sayre said that at least 200 hectares of government land have been deemed “feasible” for the solar project based on an initial meeting with the Department of Environment and Natural Resources.
“As we are growing our portfolio, we hope that you will give us permission to investigate and carry out a feasibility study. Sayre told the Ilocos Norte board, “Hopefully, it will materialize in the next few months. A piece of the Paoay sand dunes, which is not included in the province’s tourism strategy for development, would be one of the greatest places to harvest solar energy.
According to the company’s anticipated development plan, 490,000 solar panels with a minimum output of 550 watts apiece will be installed.
The SCPC, a division of the Sta. Clara Group of Companies is now working on a number of hydropower and solar energy projects in the provinces of Mindoro, Bohol, and Ifugao. It is one of the developing forces in the Philippines’ power sector market.
Renewable energy development has been promoted by the national government, and it is currently a top commercial focus in the Philippines.
The return on investment for the clean energy transition ranges from three to eight times for every dollar invested, according to the International Renewable Energy Agency (IRENA). Profit, however, is not the only reason to invest in renewable energy because it can provide a consistent supply of electricity.
With approximately 250 megawatts of planned output from independent power producers, built solar farms in the towns of Currimao and Burgos in Ilocos Norte have been assisting in lowering the nation’s dependence on fossil fuel.
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