Wyn Power Corp. broke ground on Wednesday for its P1.5-billion 50-megawatt peak (MWp) ground-mounted solar photovoltaic (PV) project in Barangay Bukal, Taysan, Batangas.
Wyn Power said the Taysan solar project marks a significant step towards a greener future for the province and the Luzon grid.
The sprawling 48-hectare site will soon be home to a cutting-edge solar farm, poised to generate up to 74 million kilowatt-hours of clean energy annually.
“This 50 MWp addition to the Luzon grid will significantly benefit industries and consumers served by BATELEC2 [Batangas II Electric Cooperative] and nearby electric cooperatives,” said Rodel Arada, Wyn Power president and chief executive.
The project promises a more reliable and sustainable power supply for the region.
The project is being developed under the Department of Energy’s Green Energy Auction Program 2 (GEAP-2).
The company won the bid in December 2023, securing the project a green energy tariff of P4.10 per kilowatt-hour upon completion, further incentivizing the shift to renewable energy.
The solar plant will connect to the grid via a 2.3-kilometer tap into Batangas Electric Cooperative II’s 69kV transmission line.
“We stand tall that this project will be able to help the country’s renewable energy aspiration while providing much-needed employment in the countryside,” Arada said.
The project is expected to inject new life into the local economy, creating jobs, generating tax revenue and fostering community benefits.
Representatives from Wyn Power and its subsidiary Greensun Renewables Inc., the Department of Energy, the Department of Environment and Natural Resources and local and provincial officials of Taysan, Batangas, attended the groundbreaking ceremony.
DOE assistant secretary Mario Marasigan welcomed the project that would help the government realize its renewable energy goals.
“Today’s event is a testament of the collaboration between government and the private sector under the successful GEA-2. We welcome the investment of Wyn Power and we eagerly await your project’s completion,” Marasigan said.
Armando Diaz, Wyn Power business development partner, expressed gratitude to stakeholders for their cooperation in bringing the project to fruition.
Construction is slated to begin this month, with permitting complete and financing discussions underway.
“We are confident that with the support of the banking community, DOE, DENR, and other stakeholders, to Wyn Power, a reputable developer of renewable energy projects, we will be able to bring this project into fruition,” Diaz said.
Wyn Power’s portfolio extends beyond utility-scale solar plants to include rooftop solar and mini-hydro projects.
The company has a client roster of major players across various industries, including LandCo Pacific, Global-Estate Resorts Inc., EEI Corp., Absolut Distillers Inc., Steel Asia, Aboitiz Land, Rockwell Land, SM Development Corp. and Nestle, demonstrating its commitment to providing clean energy solutions to a wide range of consumers.
“Wyn Power is one with the government in promoting progress and sustainability to secure the country’s green energy future,” Arada said.