Laoag Solar PV Park is a 159MW solar PV power project. It is planned in Ilocos, Philippines. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. Post completion of the construction, the project is expected to get commissioned in June 2023. Buy the profile here.
Description
The project is being developed and currently owned by Aboitiz Power. The company has a stake of 100%.
Laoag Solar PV Park is a ground-mounted solar project.
The project is expected to generate 261GWh electricity and supply enough clean energy to power 100,000 households. The project cost is expected to be around $90.025m.
Development status
Post completion of the construction, the project is expected to get commissioned in June 2023.
Contractors involved
Hansei and SUMEC Complete Equipment & Engineering are expected to render engineering procurement construction services for the solar PV power project.
For more details on Laoag Solar PV Park, buy the profile here.
About Aboitiz Power
Aboitiz Power Corp (Aboitiz Power) a subsidiary of Aboitiz Equity Ventures Inc is a holding company that operates privately-owned generation companies and distribution utilities. It generates power from hydropower, geothermal, coal, and oil. The company sells its capacities and energy through bilateral power supply agreements with National Power Corporation, private distribution utilities, electric cooperatives, retail electricity suppliers and other large end-users, and through wholesale electricity spot market. Aboitiz Power offers various value added services include power factor, thermal scanning, and power quality analysis. It supplies electricity to franchise areas across cities and municipalities in Luzon, Visayas and Mindanao. Aboitiz Power is headquartered in Taguig, Metro Manila, Philippines.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
