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PAVI Green Aims To Commission 3 Solar Projects By 2023

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PAVI Green Renewable Energy Inc., Villar Group is aiming to begin commercial operations and commissioning of 3 solar projects in the coming year as it expands its portfolio.

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These three projects include the Naga solar power plant project of 40.4 megawatts, the Bataan 20-megawatt solar power facility, and the San Vicente, Camarines Norte solar power facility of 36 MW.

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Robert Marlon Pereja, chief operating officer of PAVI Green, stated that the average investment in the projects was $810,000 per megawatt.

At the beginning of this year, the company announced plans to invest P40 billion in the development and construction of 1,000 megawatts in capacity within three to five years.

PAVI Green is a subsidiary of Prime Asset Ventures Inc. which was founded by Paolo Villar. It is the latest player in the renewable energy sector to be granted access to the Luzon grid’s capacitating requirements.

Pereja stated that the company is also interested in other renewable energy technologies such as offshore wind.

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“We are looking at it. It’s one thing being comfortable with the technology. He said that it was quite another to locate the technology in a good location.

Pereja stated that PAVI Green is open to tapping foreign partners but it must be the right partner for a project. He said, “Maybe if the partner can bring in technology no one has done before.”

PAVI Green’s green energy initiatives include the energizing of various malls throughout the country, in addition to large-scale power plant constructions.

Rooftop solar projects have been completed by the company. It has provided clean energy to five Vista Mall branches, Iloilo and Isabela. These projects will be extended to eight additional Vista Malls in the coming year.

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