PetroGreen Energy Corp., the renewable arm of PetroEnergy Resources Corp. of the Yuchengco Group, started the development of the 27-megawatt Dagohoy Solar Power Project in Barangay San Vicente, Dagohoy, Bohol.
The solar project will be built on a 22-hectare site and utilize 61,200 panels.
“Once operational, we expect DSPP to produce approximately 36 gigawatt-hours of electricity annually, enough to serve around 15,000 households,” PGEC assistant vice president for operations Maria Victoria Olivar said.
Olivar said PGEC was completing the necessary pre-development permits for the project.
“Barring any delays, we expect to complete and commercially operate the solar power facility by the fourth quarter of 2024, at the earliest,” said Olivar.
Bohol Governor Erico Aristotle Aumentado, together with key local government officials and senior executives of PGEC, attended the symbolic laying of the capsule containing the project’s conceptual design. Alena Mae S. Flores