German-based EPC company, Conergy has gained its first major order in the Philippines for a 22MW solar farm.
The ground-mount ‘San Carlos Solar Energy’ project will be built in two phases, one 13MW and another 9MW in San Carlos City in the province on Negros Occidental. The location has been picked due to prime solar radiation levels and low cloud cover.
Developed by Bronzeoak Philippines, Conergy will provide planning and engineering for the 350,000 square metre solar farm.
The project is fully financed by European asset management firm ThomasLloyd and is scheduled for completion by mid 2014 at the latest, powering 13,000 households.
The emergence into the Philippines market follows Conergy’s insolvency proceedings and remarks at Solar Energy UK 2013 that the company is back on its feet, with the help of partner Kawa Capital.
Growth in electricity demand has seen recent power shortages in the Philippines. The solar industry is still relatively small in the Philippines, but its PV market capacity is expected to double to 5MW by the end of the year, according to the Philippine Solar Power Alliance (PSPA). The proposed 22MW of solar capacity is quadruple the national target of installed capacity, said Alexander Lenz, President of Conergy Asia and the Middle East.
“The costs of traditional sources of energy have led us to look into alternatives, and we’ve found that solar energy is a cost-effective and environment-friendly option,” said Jose Maria Zabaleta, president at Bronzeoak Philippines. Zabaleta added that the government target for renewable energy to account for one third of the Philippines' energy needs, and the recent introduction of net-metering for rooftop solar, will aid the advancement of the solar industry in the country.
Marc Lohoff, chief sales officer of Conergy, Asia and North America, said this was Conergy’s first progression in the Philippines, adding to its Asia portfolio which already includes Thailand. Lohoff also said that Conergy will continue, with its funding partner Kawa to develop large-scale projects in the Asia-Pacific region.