By People’s Journal Sunday
The Luzon grid has additional sources of dean and renewable energy as PowerSource Hist Bulacan Solar, Inc. has started commercial operations.
This, as the Energy Regulatory Commission cleared the commercial operation for the 50megawatt BulacanSol located in San Miguel, Bulacan. Hie solar power plant is a joint venture of MGen Renewable Energy, Inc. and PowerSource Energy Holdings Corp.
The new solar power facility costs P4.25 billion.
“We pledge to continue building more environmentally conscious projects as part of our commitment to a sustainable energy transition for the future ” generation,” PFBSI chair and MGen president and chief executive officer Rogelio Singson.
Singson said the BulacanSol contributes to the RE portfolio target of the company.
“As the first operational project of MGreen, BulacanSol is a very important milestone that drives us to aggressively pursue more projects that will help us achieve our target of building a renewable energy portfolio with a capacity of 1,500 megawatts in the next five to seven years,” he added.
Construction for BulacanSol started in December 2019.
“Not even the Covid19 (coronavirus disease 2019) pandemic and iockdowns we experienced during the construction period hindered us from completing this renewable project,” PFBSI vice chair and PowerSource president and CEO Ricardo Lazatin said.