PetroGreen Energy Corp. (PGEC), through its subsidiary BKS Green Energy Corp. (BKS), on Tuesday marked the start of the construction of its 40-megawatt Limbauan Solar Power Project (LSPP) in San Pablo, Isabela costing P1.9 billion.
BKS held the ceremonial installation of the project’s first solar array on March 17, 2025.
BKS is a subsidiary of Rizal Green Energy Corp. (RGEC), a joint venture between PGEC and Japan’s TAISEI Corp. PGEC is the renewable energy arm of publicly-listed PetroEnergy Resources Corp. (PERC).
“We are thrilled to officially begin the installation of LSPP’s PV panels in the presence of our various stakeholders – private and public – especially local government officials of our host communities who are strong supporters of PetroGreen’s first investment in Region 2,” said Maria Victoria Olivar, PGEC vice president for business development and commercial operations.
“In addition to increasing energy supply, we anticipate employing around 500-600 workers at the height of construction, partnering with our host LGUs for our corporate social responsibility and environment protection programs, and contributing to over-all economic and social progress of the Cagayan valley region,” said Olivar.
The LSPP is set to provide additional clean and renewable power to Luzon grid and once completed, would generate up to 59 gigawatt-hours of clean energy annually to power 33,000 households and avoid around 31,700 metric tons of carbon dioxide.
The LSPP will use 52,640 solar panels supplied by Chinese firm Trina Solar, one of the world’s leading solar photovoltaic (PV) manufacturers.
BKS is developing the project in two phases.