The 132-megawatt solar power plant in Cadiz City, Negros Occidental, poised to become the biggest solar power plant in Southeast Asia and the seventh largest in the world, will be inaugurated on February 19.
Cadiz City Mayor Patrick Escalante said Wednesday they have invited President Benigno S. Aquino III to lead the inauguration rites.
The PHP10-billion solar farm, developed by Soleq Holdings, is situated on a 176-hectare land in Hacienda Paz, Barangay Tinampaan. The construction started in July last year.
Soleq is the solar power arm of Singapore-based Equis Funds Group, Asia’s largest independent energy and infrastructure private equity fund manager.
It only took about eight months to complete the project and it will be connected to the grid this weekend, the mayor said.
“This is very advantageous to the province because we will have another renewable power source within (Negros Occidental),” he said.
Escalante also said that an industrial zone is being eyed by the city government.
“Several investors have already signified their intent to invest in the city especially within the vicinity of the power plant,” he added.
Escalante said that about 2,500 Negrenses were employed during the construction of the power plant, and once operational, more than 250 will be employed, including security guards and utility workers, the mayor said.