Blueleaf Energy Philippines announced progress in its construction preparations for NKS Solar One, bringing the country’s first utility-scale floating solar power project a step closer to execution.
“The company is in advanced discussions with several engineering, procurement and construction [EPC] contractors,” said Pradeep Gopalakrishnan, senior project manager at Blueleaf Energy Philippines.
“While these discussions have reached an advanced stage, Blueleaf Energy Philippines remains open to considering other contractors as it gears towards construction,” said Gopalakrishnan.
Blueleaf Energy Philippines initiated the EPC bidding process in the middle of 2024 and has since engaged both local and international parties to determine the most qualified contractors.
The rigorous selection process underscores the company’s aim to deliver a project that surpasses global standards for renewable energy development.
NKS Solar One, a 250-megawatt floating solar project in Lakes Caliraya and Lumot in Laguna, is a joint venture of Blueleaf Energy Philippines and NKS Energy Utilities.
The project is recognized as a green lane project under the Board of Investments, and as an energy project of national significance under the Department of Energy.
Blueleaf Energy Philippines is a specialist onshore renewable energy business that develops and operates utility-scale solar projects. It is a portfolio company of Macquarie Capital, operating on a stand-alone basis.
