CONCEPCION, Tarlac—Solar Philippines is building the country’s biggest solar power plant here with a capacity of 150 megawatts for completion within the year.
Solar Philippines president Leandro Leviste said during the groundbreaking ceremonies Friday the event marked the beginning of a new day for the power industry.
He said the solar project would be “the first in the Philippines at a lower cost than coal, the first with battery storage for 24-hour power, and the first to demonstrate that renewable energy as mid-merit and even baseload is not something that will take 10 or 20 years, but is already here.”
Leviste said solar with batteries would emerge as the least cost power source for the country’s mid-merit and part of its baseload requirement.