Meralco San Miguel Solar PV Park is an 80MW solar PV power project. It is located in Central Luzon, Philippines. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. The project construction commenced in 2019 and subsequently entered into commercial operation in May 2021. Buy the profile here.
Description
The project was developed by PowerSource First Bulacan Solar and is currently owned by MGEN Renewable Energy with a stake of 60%.
Meralco San Miguel Solar PV Park is a ground-mounted solar project which is spread over an area of 72 hectares.
The project generates 110,600MWh of electricity.
Development status
The project construction commenced in 2019 and subsequently entered into commercial operation in May 2021.
Power purchase agreement
The power generated from the project is sold to Manila Electric under a power purchase agreement. The power is sold at the rate of $0.093kWh for a period of 20 years. The contracted capacity is 50MW.
Contractors involved
SUMEC Complete Equipment & Engineering was selected to render engineering procurement construction services for the solar PV power project.
For more details on Meralco San Miguel Solar PV Park, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.