Filipino-owned renewable energy company Emerging Power has started the development of its multi-million RE projects in the Subic Special Economic Zone in Zambales.
Nickel Asia Corporation (NAC), which holds a majority share of EPI vice president for corporate communications Jose Bayani Baylon reported The Philippine Star saying: "Construction will begin Monday on the substation to be erected next to the current SBMA substation."
EPI chairman Antonio Martin Zamora quoted to The Philippine Star by saying: "When completed, it will be the largest solar and wind project in Southeast Asia and nothing can better represent the future than renewable energy technology that Pope Francis himself has encouraged societies to go into."
The project will help bring clean and renewable power to Subic Bay Freeport.
Emerging Power RE project will have a capacity of 100MW solar facility and a 50-MW wind power plant located on Mt. Sta. Rita.
The project is a part of expansion of green energy operations through a 90-percent entry in Jobin-Sqm Inc. located with Subic Bay Freeport.
According to a report released Mt. Sta. Rita property is a suitable location for a solar energy facility capable of producing up to 100 MW of power. Factors like convenient flow of traffic, superior geographic location and high solar energy resources proved the viability of the project.
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By GlobalDataThe Solar project is worth $200 million and is expected to be commissioned in February and commercially operational by June 2016.
