Laguindingan Solar Power Project is a 20MW solar PV power project. It is planned in Northern Mindanao, 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 2024.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Solar PV||20||–||20||Permitting||Northern Mindanao, Philippines||Liberty Solar Energy|
The project is being developed and currently owned by Liberty Solar Energy.
Laguindingan Solar Power Project is a ground-mounted solar project which is planned over 26.87 hectares.
The project is expected to generate 28,000MWh of electricity. The project cost is expected to be around $40.604m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to Cagayan Electric Power & Light under a power purchase agreement. The power will be sold at the rate of $0.178kWh for a period of 25 years. The capacity to be procured is 16MW.
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