Juwi has entered into Philippines solar market with its first project in Mindanao islands.
Juwi has been selected as the EPC partner to build a ground-mounted, grid-connected utility scale solar PV power plant.
The solar farm is scheduled to be completed by early next year and will have an installed capacity of 6.25 MW.
The plant’s 20,500 PV modules will produce more than 9 million KW hours of electricity per year.
This first solar PV plant is a testament to how renewable energy can supplement day-time peak loads usage, as a viable alternative to traditional diesel power, according to Juwi officials.
Once completed, it will be the largest diesel replacement power plant in Philippines.
The island-region of Mindanao, depend heavily on diesel power where load shedding and brownouts are prevalent, renewable energies such as wind and PV solar power can provide a clean, quick and cost-effective alternative, said, Kai Klingenhagen, business development manager, Juwi.
Since 2010, Juwi has been active in the Philippines working closely with developers, investors, local utilities and authorities to focus on realizing utility-scale renewable energy plants.
Philippines have been one of the fastest growing economies in Asia with great potential for renewable energies.
Due to a power deficit forecast for 2015, the Government is increasing the volume of solar power generation from 50 MW to 500 MW. Thus, solar power projects that fall below that threshold will be guaranteed rates of return for the duration of 20 years.