Maragondon-Naic 1 Solar Power Project is a 100MW solar PV power project. It is planned in Calabarzon, 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. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025. Buy the profile here.
Description
The project is being developed and currently owned by Solar Philippines Commercial Rooftop Projects. The company has a stake of 100%.
Maragondon-Naic 1 Solar Power Project is a ground-mounted solar project which is planned over 168 hectares.
The project cost is expected to be around $133m.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
For more details on Maragondon-Naic 1 Solar Power Project, buy the profile here.
About Solar Philippines Commercial Rooftop Projects
Solar Philippines Commercial Rooftop Projects Inc. is engaged into construction and development of solar power plants.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
