In a historic move towards a sustainable and environmentally friendly energy source, the provincial government of Davao Oriental has taken a significant step by signing a Memorandum of Agreement (MOA) with Dy Green Energy, a power generation company, to explore the development of the province’s very first 50-megawatt (MW) solar power plant.
The momentous signing ceremony, which took place at the Tourism Complex in the City of Mati, Davao Oriental, saw the presence of distinguished dignitaries, including His Excellency Mr Hoang Huy Chung, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to the Republic of the Philippines, who expressed strong support for the project.
The MOA, signed by Governor Niño Sotero L. Uy, Jr., representing the provincial government, and Mr. King Shing Donny Yeung, the operation manager of Dy Green Energy, marks the initiation of a cutting-edge 50-megawatt Solar Power Generation Plant in Davao Oriental. This landmark project aims not only to meet the province’s growing energy demands and address power outages but also to generate employment opportunities, attract investments, and boost tourism.
As per the MOA, the Solar Power Generation Plant will be strategically located on a 40-hectare parcel of land in Barangay Maputi, within the municipality of Banaybanay. The provincial government will acquire this land and subsequently lease it to Dy Green Energy for a period of fifteen years.
During its operation, Dy Green Energy will supply power to the Davao Oriental Electric Cooperative (DORECO) through a Power Supply Agreement, with the anticipation of generating clean electricity to power tens of thousands of homes and businesses in the province.
Both parties are committed to expeditiously advancing the project’s implementation, planning to commence as soon as land acquisition is finalized and all required permits and licenses are obtained.
Atty. Marissa P. Cerezo, Director IV of the Renewable Energy Management Bureau of the Department of Energy, extended congratulations to the province and pledged the department’s support for the project, particularly in processing necessary permits, requirements, and contracts. She commended the move toward renewable energy, aligning with the state policy to promote the utilization of renewable energy resources and reduce dependence on imported energy.
Governor Uy expressed his excitement about the project, emphasizing the long-term advantages it will bring to Davao Oriental. He noted the challenges the province has faced with electricity and power supply, making this initiative of paramount importance.
He conveyed his gratitude to the investors for choosing to invest in the province, as this project aligns with the administration’s flagship programs, including the development of the tourism industry and the overall upliftment of the quality of life for the people of Davao Oriental.
Aside from the economic benefits, the forthcoming solar power plant signifies a significant milestone in the province’s journey toward a greener and more sustainable future. By harnessing Davao Oriental’s abundant solar energy potential, often referred to as the “sunrise capital of the Philippines,” the project will contribute significantly to reducing carbon emissions and combating climate change. Solar power, known for its environmental benefits, produces zero greenhouse gas emissions during electricity generation.
This initiative builds upon the groundwork laid during the tenure of the late Governor Corazon N. Malanyaon and is being continued under the current administration of Governor Uy.
Davao Oriental is taking a bold step towards a sustainable future, harnessing the power of the sun to bring cleaner energy, economic growth, and a greener environment to the province.