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Business

Prime Infrastructure starts works on 140-MW solar power plants

Richmond Mercurio - The Philippine Star

MANILA, Philippines — Prime Infrastructure Capital Inc. of tycoon Enrique Razon is targeting to start commercial operations by yearend of solar power plants in Batangas and Cavite which have an installed gross capacity of up to 140 megawatts (MW).

Prime Infra, through its unit Solar Tanauan Corp., broke ground for the project on Tuesday, together with representatives from the provincial governments of Batangas and Cavite and project partner PowerChina B7 Philippines Corp.

The project’s total annual generation capacity is estimated at 202 gigawatt hours, which is expected to power over 84,000 households and displace over 100,000 tons of coal per year.

“We have a strong ESG commitment and sustainability focus and as such, our goal is to develop and operate our assets in a socially relevant manner,” Solar Tanauan chair Katrina Razon said.

“We are here to celebrate the future of renewable energy and the impact we can have on our environment not just in the Philippines but in the world. It is a reminder of the importance of collaborating together towards a common goal, a shared vision and how collective efforts can make a transformative difference,” she said.

The Prime Infra group has a pipeline of renewable energy projects in different stages of development with a total gross installed capacity of approximately 5,700-MW of solar generation plus 4,000-MWh energy storage system.

The company is committed to address sustainability priorities in three key sectors – water, waste management and sustainable fuels, and sustainable energy.

“Prime Infra continues to address the need for dependable power supply as it aggressively supports the transition to clean energy and a low-carbon economy through our portfolio of renewable energy projects,” Prime Infra president and CEO Guillaume Lucci said.

“We thank our government partners for making our vision possible. Through close collaboration, we will be able to deliver a project that will benefit generations to come,” he said.

PRIME INFRASTRUCTURE

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