Meralco Bantangas Solar PV Park is a 25MW solar PV power project. It is planned in Calabarzon, Philippines. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 25 | – | 25 | Permitting | Calabarzon, Philippines | Solar Philippines Tanauan |
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Description
The project is being developed and currently owned by Solar Philippines Tanauan.
Meralco Bantangas Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $35.125m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2022.
Power Purchase Agreement
The power generated from the project will be sold to Manila Electric under a power purchase agreement. The power will be sold at the rate of $0.112kWh for a period of 20 years. The capacity to be procured is 25MW.
Contractors Involved
Solar Philippines Tanauan is expected to perform operations and maintenance for the solar PV power project.
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.
