“When we began talking about 10 GW, many were in disbelief, because the total installed solar capacity of the Philippines last year was just over 1.1 GW. But we hope that having contracts for the majority of 10 GW has now made this plausible,” Solar Philippines founder Leandro Antonio L. Leviste said in a press release.
“We were fortunate to have been at the right place at the right time, developing these projects since 2016. Now, we have contracted this capacity,” Mr. Leviste said, adding that his group is looking forward to working with other companies and stakeholders to deliver the projects and “help achieve our country’s targets for renewable energy.”
Solar Philippines said the over 6 GW of RE capacity that it was able to find off-takers includes the 3.5-GW solar with a 4.5-GW-hours battery storage system that will be supplied to Manila Electric Co.’s 850-MW requirement.
Source: News Formal (newsformal.com)