PetroGreen Energy Corp. (PGEC), the energy arm of Yuchengco-led PetroEnergy Resources Corp. (PERC), announced that its 27-megawatt (MWp) Dagohoy Solar Power Project has been linked to Bohol’s grid.
In a disclosure to the Philippine Stock Exchange on Monday, Oct. 28, PetroGreen stated that the National Grid Corporation of the Philippines (NGCP) approved the energization of its Dagohoy solar project as a load facility and would establish a technical viability of the solar plant for the grid connection.
PGEC added that once the Dagohoy solar project undergoes testing and commissioning, the firm will be the first to construct and operate a utility-scale solar power facility in Bohol.
Paul Elmer Morala, PGEC vice president for plant operations, said that this collaboration and efforts from its stakeholders have helped Dagohoy Solar acquire the NGCP’s approval.
“The successful link-up proves our team’s dedication and commitment to support the national agenda on increased renewable energy adoption… Moreover, with the upcoming start of testing and commissioning as a generation facility, the Dagohoy Solar Power Project is set to begin providing clean energy to Bohol, further supporting its booming economic and tourism landscape,” he said.
According to PGEC, Dagohoy Solar is one of four Rizal Green Energy Corporation (RGEC) solar projects, a joint venture between PGEC and Japan-based Taisei Corporation.
The NGCP’s approval followed the connection of the Dagohoy solar facility's 25 megavolt-amperes (MVa) substation to the 69 kilovolt (kV) Carmen-Ubay Transmission Line earlier this month. Additionally, the facility was registered with the Wholesale Electricity Spot Market on October 18.
The firm announced the construction of the facility in 2022, stating it would install around 61,200 solar panels. It is located in Barangay San Vicente in Dagohoy, Bohol.
The solar project was developed last December, with a total investment of P1.2 billion.
The solar facility was expected to provide power to over 15,000 households in Bohol, which has historically relied on imported electricity from Leyte and Cebu.