GBP Rizal City Solar PV Park is an 115MW solar PV power project. It is planned in Calabarzon, Philippines. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in June 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 115 | – | 115 | Permitting | Calabarzon, Philippines | Global Business Power |
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Description
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The project is being developed and currently owned by Global Business Power.
GBP Rizal City Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $161.575m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by June 2024.
Contractors Involved
China Energy Construction Group is expected to render EPC services for the solar PV power project.
About Global Business Power
Global Business Power Corp (GBPC), formerly Mirant Global Corp, a subsidiary of ORIX Corp, is an energy utility that generates and distributes electricity. The utility produces reliable and cost-efficient power supply through its subsidiaries that operate power generation facilities. Its services include assistance to retail competition and open access regime, assistance in securing replacement power from affiliate companies, technical training of personnel for RCOA readiness, and expansion projects in Iloilo and Negros Occidenta. GBPC offers flexible energy solutions that can serve the varying power requirements of the market. The company owns and operates diesel fuel and coal power plants. Its power plants comprise Toledo Power Company, GBH Power Resources Inc, Panay Power Corp, and Panay Energy Development Corp. GBPC is headquartered in Makati, the Philippines.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
