Korean firm to build solar power plant in Ilocos Norte


Posted at Nov 16 2012 05:04 PM | Updated as of Nov 17 2012 01:04 AM

MANILA, Philippines – A solar energy plant is set to rise in Currimao, Ilocos Norte.

The plant, which will be built in Barangay Pagudulan, will be the first solar power plant in the Philippines. It is a project of Mirae Asia Energy Corp., a South Korean company. The company signed a memorandum of understanding with the Ilocos Norte government in October 2011.

Construction will soon start, and is estimated to be finished in 18 months. The plant will supply Ilocos Norte and nearby provinces.

Solar panels, expected to generate a total of 20 megawatts of electricity, will be built in 61 hectares of land.

According to Mirae Asia Vice President Engineer Lito Badua, Currimao was chosen as the plant’s site because it gets less rain compared to other areas in Ilocos Norte and the whole country.

Badua also said that the plant, a renewable energy source, will be a big help in increasing the country’s power supply, and may even contribute to lowering power costs and increasing employment rate in Ilocos.

The solar power plant is the second renewable energy plant in the country. Ilocos Norte is also home to the Bangui Bay wind farm. – From a story by Randy Menor, ABS-CBN Regional News Group