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Monday, November 18, 2024

DOE declares Bugallon solar plant as significant project

The Department of Energy declared Bugallon Green Energy Corp.’s 25-megawatt direct current Bugallon Solar Power Project (BSPP) in Bugallon, Pangasinan as a project of national significance.

BGEC also announced it signed the connection agreement and distribution wheeling service agreement with Central Pangasinan Electric Cooperative (Cenpelco).

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“We are thrilled to reach these two significant milestones for our Bugallon solar project. These bring us several steps closer to ensuring that we are able to deliver our committed power under the Green Energy Auction 2 program,” BGEC vice president for commercial operations Maria Victoria Olivar said.

“Moving forward, we will work diligently with the LGU, DOE, Cenpelco and other regulatory agencies for the successful development and completion of this project which we expect will increase grid stability, provide green jobs, and support economic growth and social development in our partner communities and local government units,” said Olivar.

BGEC is one of four RE special purpose vehicles under Rizal Green Energy Corp. (RGEC) which is a joint venture between Taisei Corp., one of Japan’s biggest infrastructure construction companies and PetroGreen Energy Corp., a member of the Yuchengco Group of Companies (YGC).

The DOE awarded the certificate of energy project of national significance (CEPNS) to BSPP on Nov. 13, 2024, signifying the project’s vital role in the country’s energy security and economic development initiatives.

The CEPNS also serves as DOE’s endorsement to other government agencies to ensure a faster and more efficient permitting process for energy projects.

BGEC entered into a partnership with Cenpelco with the signing of the connection, distribution and wheeling services agreements on Nov. 15, 2024. Alena Mae S. Flores

These agreements will ensure the seamless integration of BSPP into the national grid through Cenpelco’s distribution system.

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