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Saturday, May 25, 2024

Yuchengco’s Bohol solar project starts installing panels

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Rizal Green Energy Corp. (RGEC) of the Yuchengco Group, through its special purpose company Dagohoy Green Energy Corp. (DGEC), installed the inaugural solar panel array of its 27-megawatt Dagohoy solar power project (DSPP) in Barangays San Vicente and Sta. Cruz, Dagohoy, Bohol on May 9, 2024.

RGEC president Francisco Delfin Jr. expressed the company’s firm commitment in making DSPP the first utility-scale solar power facility in Bohol.

“Given the power supply shortage and the extreme heat we are presently experiencing, any additional power from decarbonized and renewable sources can only be timely for the country, in terms of ensuring electricity supply and mitigating climate variability,” Delfin said.

He said the project is an effort by PetroGreen Energy Corp. (PGEC) and its subsidiaries, as service contractors of the Department of Energy (DOE), in addressing interrelated power shortage and climate issues.

PGEC, the renewable energy unit of publicly-listed PetroEnergy Resources Corp., is a joint venture with Japan’s Kyuden International Corporation. RGEC is a partnership between PGEC and TAISEI Corp. of Japan.

“This project is especially beneficial to Bohol province, which for a long time has been dependent on imported power from neighboring islands,” he said.

The first array installed consisted of 32 panels of 665 watts power capacity each stringed in a 21-meter-long and about five-meter-wide table mounted about one meter above the ground.

The 22-hectare Dagohoy solar site will be covered by 1,270 solar tables consisting of 40,628 units of Trina Solar-brand panels producing 41,000 megawatt-hours of power annually once completed.

The inaugural PV module installation was witnessed by officials of TAISEI, RGEC’s new partner the National Grid Corporation of the Philippines (NGCP), S.N. Aboitiz Power (SNAP) – the off-taker of power from DSPP, representatives from the Department of Environment and Natural Resources (DENR) and the Department of Education (DepEd), and Bohol elected leaders and community residents.

Governor Erico Aumentado expressed his enthusiasm for the project, underscoring its role in driving economic growth for Bohol while championing renewable energy, environmental preservation and social progress.

“The DSPP represents our collective efforts in bolstering economic prosperity for Bohol and aligns seamlessly with the province’ Abante Bohol campaign and vision for a more resilient and sustainable future for Boholanos. We request RGEC and PetroGeen to consider investing in more RE projects in the province as they can be assured of Bohol’s positive reception to such investments,” said Aumentado.

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