Ilagan City, June 1, 2015: -- The Department of Energy (DOE) has approved on May 27, 2015 the service contract of the largest solar PV power plant in the Philippines.
A twenty-five (25) year Service contract was signed between Living Project 4 People Philippines Inc. (LP4PP) and the country’s DOE. The signing will start the process of completion of development , installation, construction, commissioning and operation of a 100.0 MW Solar PV Project in the City of Ilagan, Isabela, Philippines.
Ruth P. Briones, the President / CEO of LP4PP said that the solar project will be constructed in 10 phases to install 10.0 MW for each phase that will start construction in August this year.
Accordingly, it is a pure solar PV Grid connected installation that will avail on the privileges under the Renewable Energy Law of the country.
Briones said that the renewable energy to be generated will be sold directly to the National Grid Corporation of the Philippines (NGCP) under the Feed-in-Tariff Scheme of the RE law.
The 100.0 MW Solar PV project will help alleviate the current electricity shortage in the country that causes regular black-outs resulting in industry closures as well as inconvenience to the consumers, Briones noted.
Living Projects 4 People Philippines Inc. is a member of LP4P Group of companies based in Europe. LP4P (www.lp4p.com) is an international holding company with headquarters in Switzerland and Germany and branches in England, Romania and Philippines with working offices in Kreuzlingen, Switzerland, London,England and Manila,Philippines.
The LP4P Group of Companies has three areas of practice that are directed to provide sustainable living space for people, future oriented, ecological and economical