Monday, June 30, 2014

Conergy hikes solar portfolio in PH

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Conergy, one of the world’s leading solar power solution and service providers, is working on its second solar power plant contract in the Philippines.


The Hamburg-based company said it had entered into a contract to design and build a new 8-megawatt solar power plant for Raslag Corp., the renewable energy arm of generation company Angeles Power, Inc.


Once connected to the Luzon grid in the fourth quarter of this year, the 8-MW plant’s 30,000 panels will produce enough electricity to supply 4,800 homes.


The size of the contract was not disclosed, however.


The completion of the new 8-MW facility will bring Conergy’s portfolio in the Philippines to 30 MW.


Conergy said it wanted to establish “a strong early position” in the Philippines amid a wave of investment in energy infrastructure.


Alexander Lenz, president for Conergy Asia & Middle East, said in a statement that he believed there were “huge opportunities” for solar power to expand access to electricity and reduce energy imports in the Philippines.


“With high and predictable levels of sunlight, solar is already competitive with traditional power generation in many parts of the country. It’s early days and there are logistical challenges, but Conergy has excellent relationships with partners across the archipelago, which allow us to select and successfully develop the right projects,” Lenz said.



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