MGen’s so­lar project in Bu­la­can set for grid im­pact study

Business World - - Corporate News - Adam J. Ang

THE Depart­ment of En­ergy (DoE) signed off the so­lar farm project of Mer­alco Pow­er­gen Corp. ( MGen) for a grid im­pact study.

It en­dorsed the 50-megawatt (MW) re­new­ables project of Manila Elec­tric Co.’s ( Mer­alco) power gen­er­a­tion unit for an im­pact study with the Na­tional Grid Cor­po­ra­tion of the Philip­pines ( NGCP) on Aug. 17, data from DoE showed.

The study is meant to as­sess the im­pact of a new power plant’s load and ca­pac­ity be­fore it can go on­line.

In July, the com­pany said it was still tar­get­ing to com­mer­cially launch the so­lar farm by the end of the year. The fa­cil­ity was ini­tially set to start power gen­er­a­tion in the third quar­ter, but was pushed back due to dis­rup­tions caused by the on­go­ing pan­demic.

The P4.25- bil­lion project is sit­u­ated in a 72- hectare area in San Miguel, Bu­la­can. It is be­ing con­structed by Chi­nese fi rm SUMEC Com­plete Equip­ment & En­gi­neer­ing Co. Ltd., which won the con­tract in De­cem­ber last year.

Its pro­po­nent, Pow­erSource First Bu­la­can So­lar, Inc., is 40%- owned by MGen through MGen Re­new­able En­ergy, Inc. A 36% stake is held by Pow­erSource Global Hold­ings Corp., while the re­main­ing 24% is owned by Sin­ga­pore­based Sun­seap In­ter­na­tional Pte. Ltd.

MGen plans to roll out 1,000- MW projects over the next five to seven years.

Other big power plant projects, which the DoE re­cently en­dorsed for a grid im­pact study, are the 1,200- MW Ili­jan Nat­u­ral Gas Fired Plant Project of San Miguel Corp.- led Ex­cel­lent En­ergy Re­sources, Inc. in Batan­gas, and three so­lar power projects of So­lar Philip­pines Power Project Hold­ings each with 1,200- MW in­stalled ca­pac­ity. —

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