Total Eren, a leading renewable Independent Power Producer (“IPP”) based in Paris, is pleased to announce its first steps in the Philippines in partnership with Mabalacat Solar Philippines Inc., a renewable energy corporation based in Manila, and Singapore based Sindicatum Renewable Energy, to build a total of 135 MWp of utility-scale solar power plants in Luzon.
The two solar photovoltaic projects, named “Tarlac” (60 MWp) and “Zambales” (75 MWp), are located respectively in the Tarlac and Zambales Provinces, in Luzon, in northern Philippines, and both hold a 20-year private Power Supply Agreement.
Tarlac has already entered construction phase, while Zambales’ construction is expected to start in Q2 2021. The solar farms are expected to reach commercial operation respectively in Q1 and Q4 2021. Once completed, they will produce together over 180 GWh per year, enough to meet the needs of about 258,000 people in the Philippines.
Tarlac and Zambales solar farms will support regional sustainable growth and contribute to local employment during the construction and then operation phases.
Through these projects, Total Eren enters the Philippines renewable energy market where the company sees a strong potential, and pursues its expansion in Asia Pacific, a key growth region. Total Eren opened its regional office in 2015 in Singapore, from where it coordinates today its activities across the region.
Fabienne Demol, Executive Vice President – Global Head of Business Development of Total Eren, stated: “We are delighted to have secured our first projects in the Philippines alongside Mabalacat Solar Philippines and Sindicatum Renewable Energy. I am enthusiastic about the prospects of the Philippines economy and the decarbonisation underway in its energy sector, in which Total Eren wants to take an active role. We look forward to deliver these first two solar projects and are committed to the development of a larger portfolio of renewable energy projects in the country.”
Jose P. Leviste Jr., Chairman of Mabalacat Solar Philippines, added: “This is a significant moment for Mabalacat’s development as an active and long-term participant in the Philippines’ renewable energy sector. We are particularly pleased that a leading renewable IPP such as Total Eren is working with Sindicatum Renewable Energy and with us for their first solar projects in the Philippines. We are gratified by their vote of confidence in the renewable energy policies of the Department of Energy and the Philippines government, as well as the strength of the Philippines’ economy and its strong prospects.”
Robert E. Driscoll, President and COO of Sindicatum Renewable Energy, commented: “Sindicatum has been active with Mabalacat in the Philippines’ renewable energy market for a number of years. We very much look forward to working with Total Eren and Mabalacat to accelerate the country’s move toward achieving its decarbonization via rapid and accelerating expansion of renewable energy. Regionally, our partnership with Total Eren will also allow both of our groups to deepen co-operation and explore together other opportunities in ASEAN, a region poised to add 100GW or more of renewable energy capacity by 2040.”