AYALA Corporation (AC) has authorized the funding of its strength unit in Monte Solar Energy, Inc. (MonteSol) for a solar strength venture in Negros Oriental.
In a disclosure to the Philippine Stock Exchange (PSE), Ayala Corporation said its absolutely-owned subsidiary, AC Energy Holdings, Inc. (AC Energy), has signed an agreement with MonteSol.
MonteSol is a joint task between AC Energy Holdings Inc. And Bronzeoak Clean Energy Inc., the investment arm of Bronzeoak Philippines Inc (Bronzeoak).
According to AC, the project might be owned and operated by MonteSol, a special motive automobile business enterprise, and will be undertaken in levels.
The first section is for an 18-megawatt (MW) solar energy plant with a complete undertaking value of P1.3 billion and is centered for completion by way of March 2016.
The second section is for the expansion of the preliminary 18-MW sun electricity plant to elevate its potential to forty MW.
MonteSol has named Conergy, a main German photovoltaic (PV) answer and provider issuer, to put up the solar energy plant in Bais, Negros Oriental.
Conergy can be answerable for the engineering and layout, aspect procurement, and assignment control of the new plant.
The new sun farm will occupy a land vicinity of 213,292 square meters and is anticipated to generate 24,205 megawatt hours of strength yearly.
This is sufficient power to supply the equal of 10,1/2 households inside the area and save 14,838 lots of carbon emissions (CO2) each year.
Bronzeoak become also the developer and is the handling shareholder of the forty five-MW San Carlos Solar Energy (SacaSol) assignment.
The SacaSol challenge is taken into consideration because the united states’s first and biggest solar farm, inaugurated through President Benigno S. Aquino third in May of 2014.
In a disclosure to the Philippine Stock Exchange (PSE), Ayala Corporation said its absolutely-owned subsidiary, AC Energy Holdings, Inc. (AC Energy), has signed an agreement with MonteSol.
MonteSol is a joint task between AC Energy Holdings Inc. And Bronzeoak Clean Energy Inc., the investment arm of Bronzeoak Philippines Inc (Bronzeoak).
According to AC, the project might be owned and operated by MonteSol, a special motive automobile business enterprise, and will be undertaken in levels.
The first section is for an 18-megawatt (MW) solar energy plant with a complete undertaking value of P1.3 billion and is centered for completion by way of March 2016.
The second section is for the expansion of the preliminary 18-MW sun electricity plant to elevate its potential to forty MW.
MonteSol has named Conergy, a main German photovoltaic (PV) answer and provider issuer, to put up the solar energy plant in Bais, Negros Oriental.
Conergy can be answerable for the engineering and layout, aspect procurement, and assignment control of the new plant.
The new sun farm will occupy a land vicinity of 213,292 square meters and is anticipated to generate 24,205 megawatt hours of strength yearly.
This is sufficient power to supply the equal of 10,1/2 households inside the area and save 14,838 lots of carbon emissions (CO2) each year.
Bronzeoak become also the developer and is the handling shareholder of the forty five-MW San Carlos Solar Energy (SacaSol) assignment.
The SacaSol challenge is taken into consideration because the united states’s first and biggest solar farm, inaugurated through President Benigno S. Aquino third in May of 2014.
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