Petro Energy Resources Corp. (PERC) subsidiary Petro Green Energy Corp. is building a 117-megaWatt solar facility in a number of places around the country on the basis of a master supply agreement (MSA) it signed with global solar panels manufacturer Trina Solar.
Under the MSA, Trina Solar will supply high-performance solar modules in projects led by PetroGreen subsidiary Rizal Green Energy Corp. (RGEC) in Nueva Ecija, Pangasinan and Isabela.
Trina Solar and Petro Green have been partners since 2015, including in the delivery of 27-MW worth of solar modules to the Dagohoy solar project in Bohol due for completion this year.
PERC said the MSA involve projects using more than 129,000 modules sufficient to power 53,800 households each year based on average consumption.
The agreement also allows Petro Green to explore a range of solar modules offered by Trina Solar for use in various applications like utility and commercial and industrial.
While the current MSA focuses on the supply of solar modules, both parties also acknowledge the potential for future collaboration in other areas such as the exploration of solar tracker systems and battery energy storage systems.
“Our continued partnership with Trina Solar signifies our commitment in ensuring that highest quality components and innovative technologies are deployed in our solar projects…We are delighted that this cooperation will significantly boost Philippine’s energy transition to renewable energy through solar power projects and will contribute to achieving a low-carbon future,” said Maria Victoria Olivar, Petro Green vice president for commercial operations and business development, in a statement.
Among PERC’s existing power projects are the 32 MW Maibarara geothermal power project in Batangas, the 70 MW Tarlac solar power project as well as the 36 MW phase 1 and 13.2 MW phase 2 wind projects in Aklan.
PERC via Petro Green, also acquired three new offshore wind blocks from the Department of Energy this year, covering offshore northern Luzon, northern Mindoro and eastern Panay. -J. Macapagal
