Yuchengco-led PetroGreen Energy Corporation (PGEC) is set to construct a 27-megawatt-AC solar power project in Brgy. San Vicente, Dagohoy in Bohol.
The project, dubbed the Dagohoy Solar Power Project (DSPP), would be placed on a 22-hectare site and is set to use 61,200 solar panels.
“Once operational, we expect DSPP to produce approximately 36 GWh of electricity annually, enough to serve around 15,000 households,” PGEC assistant vice president for operations Maria Victoria Olivar said in a statement.
PGEC is currently completing its necessary pre-development permits for the project. It is slated for completion and commercial operations by the fourth quarter of 2024.
“This project is very much aligned with our vision of Green Bohol. One of our priorities is a stable, reliable, and affordable power supply, which is key to making Bohol more attractive for investors, sustaining a lively tourism industry, and ensuring the Province’s continuous economic growth,” Bohol Governor Aris Aumentado said.
PGEC currently holds interests in the 32 MW Maibarara Geothermal Power Project in Batangas, 36MW Nabas-1 Wind Power Plant in Aklan, and the 70 MWdc Tarlac Solar Power Project in Tarlac City.
The Yuchengco-led company also has three offshore wind energy projects in its pipeline.