The San Carlos City Solar Power Plant is a large-scale solar energy project located in San Carlos City, Negros Occidental, Philippines. Here are some details about the project:
Ownership: The project is owned and operated by San Carlos Solar Energy, Inc. (SaCaSol), a joint venture between two companies, Bronzeoak Philippines and ThomasLloyd Group.
Capacity: The power plant has a total installed capacity of 59 MW. It consists of two separate solar parks, namely the SaCaSol I and SaCaSol II, with a capacity of 22.5 MW and 36.5 MW, respectively.
Technology: The power plant uses photovoltaic (PV) solar panels to generate electricity. The panels are mounted on solar trackers, which enable them to follow the sun throughout the day and maximize their energy output.
Electricity generation: The San Carlos City Solar Power Plant generates clean, renewable energy that is fed into the local electricity grid. The power plant is estimated to produce around 108,000 MWh of electricity per year, which is enough to power around 65,000 homes.
Environmental impact: The project is expected to reduce carbon emissions by around 70,000 tonnes per year, which helps to mitigate climate change. Additionally, the power plant helps to reduce the Philippines' reliance on fossil fuels for electricity generation, which has numerous environmental and health benefits.
Economic impact: The project has provided employment opportunities for local residents during the construction phase and has also contributed to the local economy through taxes and other fees. Furthermore, the project helps to stabilize the electricity supply in the area and reduce electricity prices for consumers.
Development and financing: The project was developed by Bronzeoak Philippines, a renewable energy developer based in the Philippines, and ThomasLloyd Group, a global investment firm. The project was financed through a combination of equity and debt financing, with the Overseas Private Investment Corporation (OPIC) providing $35 million in debt financing.
Location: The power plant is located on a 100-hectare site in San Carlos City, Negros Occidental, which is situated on the northern coast of the island of Negros in the Philippines.
Grid connection: The power plant is connected to the local electricity grid through a substation that was built specifically for the project. The electricity generated by the power plant is sold to the local utility, which distributes it to consumers.
Awards and recognition: The San Carlos City Solar Power Plant has received numerous awards and recognition for its environmental and social impact. For example, the project was awarded the Solar Project of the Year Award at the 2015 Asian Power Awards and was recognized by the Philippine Department of Energy as the Best Renewable Energy Project in 2016.
Expansion plans: The owners of the San Carlos City Solar Power Plant are currently planning to expand the project with the construction of a third solar park, which will have an additional capacity of 40 MW. The expansion is expected to be completed by 2024.
Overall, the San Carlos City Solar Power Plant is an important example of how renewable energy can contribute to economic development and environmental sustainability in the Philippines and around the world.
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