Alternergy Holdings Corp. together with Solar Pacific Energy Corp. and Solana Solar Alpha Inc. broke ground yesterday for the 28 megawatts (MW) Solana solar power project in Hermosa, Bataan.
The P1.5-billion solar project is expected to be completed by first quarter next year.
“The Solana solar power project is expected to issue the notice to proceed to construction immediately with a target completion by first quarter 2025,” said Vicente Perez, Alternergy chairman, in a statement.
Michael Lichtenfeld, Solar Pacific president, said development of the project is also driven by its technical and offtake partners, particularly Kratos RES.
“We are grateful to Kratos for its support and confidence to the Solana solar power project and look forward to long-term partnership as generation of supply starts to become available by next Lichtenfeld said.
“We are now on the active lookout for new projects with the Solana solar power project now under construction phase and will be ready to file for new service contracts with the Department of Energy once the moratorium is lifted,” Lichtenfeld added.
Apart from the Solana solar project, Alternergy is also developing the 64 MW Alabat wind power project in the municipalities of Alabat and Quezon in Quezon Province as well as the 112 MW Tanay wind power project in Tanay, Rizal.
Perez said Alternergy will be adding a total of 204 MW of clean, renewable and sustainable capacity to the grid by end-2025 from the Alabat and Tanay wind power projects and the Solana solar power project, to reach 500 MW of total generating capacity by 2026.
