Solar PH sets up 10,000 hectares of solar power zones – Manila Newsletter

SP solar ranch

Solar Philippines has announced the creation of a new company, Solar Energy Zones, Inc. (SEZ), which will be independent of the group’s power plant business and meet demand for solar project sites from other power companies. . The company is currently finalizing agreements for 10,000 hectares, mainly near its existing projects in Batangas, Tarlac and Nueva Ecija.

“Our goal is no longer to compete with the country’s power companies, but to allow them to build projects, to make solar soon become the biggest source of new energy in the Philippines,” said Leandro Leviste, founder of Solar Philippines.

“The problem we need to solve is that, despite the high demand for new solar power plants, there is a shortage of sites. Our SEZs will allow all those utilities that decide to build solar installations to easily set up in these areas and start construction in the same year, ”noted Leviste.

“It wouldn’t have been possible if we hadn’t started developing these sites six years ago, when others didn’t believe large-scale solar would be viable. Now that the electricity industry is convinced that this is the case, we are making these sites available to help others enter the market, ”added Leviste.

The company’s SEZs are inspired by solar parks in India, where companies co-locate solar projects at large, ready-to-go sites with shared facilities that benefit from economies of scale. This model helps India reduce barriers to entry for solar energy and become one of the fastest growing solar markets in the world.

Solar Philippines will announce over the next few months several projects for other power companies to be built in its areas over the next five years. The capacity of these will be several times greater than the country’s total solar capacity to date, making solar energy a significant part of the country’s energy mix.

It is a step towards fulfilling Leviste’s prediction in an interview with the ANC last year, that “I hope that none of the power companies in the country will be a supporter of solar energy in [2021]. ”




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