Luzon Island Solar PV Park is a 900MW solar PV power project. It is planned in Philippines. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 900 | – | 900 | Announced | Philippines | Philippines Department of Energy |
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Description
The project is being developed and currently owned by Philippines Department of Energy.
Luzon Island Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $1,197m.
Development Status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
About Philippines Department of Energy
Philippines Department of Energy (DOE) is an energy department that prepares, integrates, coordinates, supervises and controls various energy plans, programs, projects and activities of the government related to energy exploration, development, utilization, distribution and conservation. The department offers services such as citizen’s charter, fees and charges, consumer connect, energy data center, and energy research testing and laboratory services. It undertakes various programs and projects including alternative fuels and energy technology, downstream natural gas, downstream oil, energy efficiency, energy investment opportunities, electric power, energy statistics, and renewable energy. The department operates in Cebu, Davao and Urdaneta. PDOE is headquartered in Taguig, 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.
