Prime Infrastructure Capital Inc. has started construction of solar power plants in Tanauan, Batangas and Maragondon, Cavite with aggregate capacity of 140 megawatts (MW) and targeted for commercial operations by yearend.
Prime Infra, through its unit Solar Tanauan Corp., held the groundbreaking ceremony on Tuesday, together with representatives from the provincial governments of Batangas and Cavite and project partner PowerChina B7 Philippines Corp.
The Tanauan and Maragondon solar power plants have a combined annual generation capacity estimated at 202 gigawatt-hours seen powering over 84,000 households and displace over 100,000 tons of coal per year.
“Prime Infra continues to address the need for dependable power supply as it aggressively supports the transition to clean energy and a low-carbon economy through our portfolio of renewable energy projects,” said Guillaume Lucci, Prime Infra president and chief executive officer, in a statement.
“Our project here at Solar Tanauan Corp. embodies the values that we, as a company, and I personally align with. We have a strong environmental, social and governance (ESG) commitment and sustainability focus and as such, our goal is to develop and operate our assets in a socially relevant manner,” Katrina Razon, Solar Tanauan Corp. chairman, said.
Prime Infra Group has a pipeline of renewable energy projects in different stages of development with total gross installed capacity of approximately 5,700 MW of solar generated power.
