Bulacan solar plant endorsed

by Alena Mae S. Flores – June 17, 2016 at 11:10 pm

from Manila Standard Today

The Energy Department has granted CleanTech Global Renewables Inc. a certificate of endorsement for a 15-megawatt solar power plant in San Idelfonso, Bulacan that will cost $31 million.

CleanTech Global president Salvador Antonio Castro Jr. told reporters the company received the endorsement last week, making the project eligible for availment of the P8.69-per-kilowatt-hour under the second round of feed-in tariff rate for solar.

The company completed the 15-MW solar farm on March 12, three days ahead of the March 15 deadline set by the government.

“We are committed to the transformation of energy production and supply in the country by making use of clean energy technology and ensuring preservation of the environment,” Castro said.