After closing three solar power supply deals, Manila Electric Co. (Meralco) is looking to add 50 to 100 megawatts (MW) of solar capacity to meet the renewable energy requirements of its franchise area. Meralco president Oscar Reyes said the company has received at least 10 offers to supply solar energy to the power distributor. “We’ll…
Tag: Solar Philippines
Solar firm to debut battery storage
Solar Philippines will showcase the country’s first solar farm equipped with batteries when it completes the first 50 megawatts (MW) of its largest solar project in Tarlac by mid-2017, its top official said yesterday. The company expects batteries to become a game changer in the solar market this year. “Tarlac Phase 1 of 50 MW…
Solar Phils in partnership talks for $1-B solar mfg facility
Solar Philippines is in talks with three global solar manufacturers for its $1-billion production hub in Batangas, its top official said. Solar Philippines president Leandro Leviste said the company has received commitments from three solar manufacturers to build the succeeding phases of its manufacturing plant in Tanauan, Batangas. Read more here.
Sungevity US: Solar energy costs declining
The cost of sourcing power from solar energy has come down significantly in other countries to an equivalent amount of P2.00 to P3.00 per kilowatt-hour (kWh), the founder of US-based Sungevity said, resulting in the collapse of coal companies. Read more here.
Solar power competitive against coal
The solar power industry has built up enough capacity to compete with conventional energy sources, including coal, experts said. Solar Philippines CEO Leandro L. Leviste said that even if utilities (such as Manila Electric Co. and electricity cooperatives) in areas with solar farms would conduct competitive bidding now, solar power would be competitive even against…
Solar Phils to build “solar powerhouse” in Tanauan, Batangas
Solar Philippines announced it will build one of the world’s largest solar factories in Tanauan, Batangas as the production of solar panels is seen shifting from China to Southeast Asia, company president Leandro Leviste said. The factor will be a mega solar factory to be built over the next three years aimed to make the Philippines…
Solar Phil’s Leviste calls for end of coal
Solar Philippines founder Leandro Leviste has rallied Asia’s top businessmen and venture capitalists to stop 29 new coal plants that are soon to rise in the Philippines. Read more here.