Tanauan Batangas Solar I Power Project is a 100MW solar PV power project. It is planned in Calabarzon, 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 December 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 100 | – | 100 | Permitting | Calabarzon, Philippines | Solar Philippines Tanauan |
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Description
The project is being developed and currently owned by Solar Philippines Tanauan.
Tanauan Batangas Solar I Power Project is a ground-mounted solar project.
The project cost is expected to be around $140.5m.
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by December 2024.
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 $0.103kWh for a period of 20 years. The capacity to be procured is 25MW.
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.
