Credit Rating Affirmation Reflects Philippines Strong Medium-Term Growth

The outlook for the Philippines shines brighter with Fitch Ratings' reaffirmation of its credit rating, states Finance Secretary Ralph Recto.

Secretary Balisacan: Philippines To Ramp Up Innovation Efforts

In a recent statement, Secretary Balisacan highlighted the Philippines' commitment to innovation, emphasizing the need for resilient systems amid technological advancements.

Marketing Support From TPB Boosts Sagay City’s Community Tourism Site

Sagay City flourishes in community tourism thanks to the promotional support from TPB in the conservation area's initiatives.

PBBM Grants Forest Park’s Administration To Ilocos Sur

With PBBM's grant, Caniaw Heritage and Forest Park is set to evolve into a top agro-eco tourism site in Ilocos Sur.

15-Megawatt Solar Plant In North Cebu To Boost Power Generation Capacity

Ayon kay Governor Gwendolyn Garcia, magtatayo ng 15-megawatt solar power plant sa hilagang bahagi ng lalawigan ng Cebu.


15-Megawatt Solar Plant In North Cebu To Boost Power Generation Capacity

33
33

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

A 15-megawatt solar power plant to be put up in the northern tip of Cebu province will boost the government’s power supply generation capacity, Governor Gwendolyn Garcia said Wednesday.

The power plant that will be operated under a joint venture agreement between Acciona Energia Global and Freya Renewables, a Spanish firm, and Cebu provincial government will reinforce the electric power needs of the neighboring Panay Island.

Panay Island experienced widespread and prolonged power outages for three days in early January and subsequent outages two weeks later after several power plants tripped.

President Ferdinand Marcos Jr. issued a statement on the urgency of the situation, citing Iloilo province’s PHP3.8 billion economic losses during the first round of outages, while the general public had to endure untold inconveniences without electricity in their homes and workplaces.

“The project is a big boost to the power generation efforts of the government,” Garcia said.

She said the project is a priority of the Department of Energy, citing its ability to address the growing demand for power in Central Visayas and neighboring regions.

The solar power plant will stand on a 185-hectare lot in Barangay Talisay in Daanbantayan town.

On Tuesday, Garcia met with 56 lot owners to notify them of the capitol’s move to buy their lots to pave the way for the construction of solar panels. (PNA)