Solar power station in China in Cebu

Where is the largest solar power farm in Cebu City?

CEBU CITY — A sun-drenched field in Barangay Talisay, Daanbantayan, will be the site of the largest solar power farm in the province. On Sunday, a groundbreaking ceremony was held for the proposed 150-megawatt facility, a joint venture between Spain-based Acciona Energia and Makati-based Freya Renewables Inc. Already have an active account?

Who owns Cebu solar power plant?

The project is being developed and currently owned by Acciona Energia. The company has a stake of 100%. Cebu Solar Power PV Plant is a ground-mounted solar project. The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.

How much does solar power cost in Cebu?

The project is Cebu’s first local government-led public-private partnership in renewable energy. Garcia said solar power costs only P4.50 per kilowatt-hour, compared to P12 to P15 per kilowatt-hour from coal-fired plants. She said adding more renewable energy to the grid would help lower electricity rates for consumers.

How will a solar power plant benefit Cebu province?

The power plant will provide a steady stream of revenue for the province of Cebu as it collects payment for the lease of its property, percentage shares of revenues from electricity sales, and brokerage fees. CEBU CITY – A 150-megawatt solar power plant will soon rise in the northern tip of Cebu province.