Monday, April 28, 2025

USD33M solar power facility to rise in New Clark City 

Sindicatum C-Solar Power Inc. (SCSPI), a subsidiary of Singapore-based renewable energy developer Gurīn Energy Pte Ltd., has started the construction of a US$33 million solar photovoltaic power plant in New Clark City, with completion targeted by next year, the Bases Conversion and Development Authority (BCDA) reported.

SCSPI and Gurīn Energy, joined by the Department of Energy (DOE), BCDA, and Union Bank of the Philippines, held a groundbreaking ceremony on April 11, 2025, for the Capas Solar Power Project on a 40-hectare lot within New Clark City, marking the official start of the facility’s construction.

“Philippines has one of the most exciting opportunities for renewable energy in the world. Here in Capas, Tarlac, with the support of the BCDA, the local government, and the stakeholders in our community, we wanted to show our commitment to our workplans by having this groundbreaking [ceremony],” said Jose Rafael R. Mendoza, president of SCSPI and country manager of Gurīn Energy.

“Putting together a solar facility requires work not only from the developer, but cooperation with multiple stakeholders. It truly is a combination of multiple talents. And we’re very pleased to share this moment with you so that we continue to deliver a lasting impact for the progress of the Philippines,” he added.

With a total investment commitment of USD33 million, the facility will have a total capacity of 38.81 megawatts peak (31.25 megawatts alternating current) upon its completion, which is targeted by January 2026. The power plant will be connected to the National Grid Corporation of the Philippines’ substation in Concepcion, Tarlac via a 69-kilovolt transmission line.

The company’s Capas Solar Power Project is seen to build up the renewable energy market in the Central Luzon, contributing to the national government’s goal of increasing renewable energy’s share in the country’s energy generation mix to 30 percent by year 2030 and 50 percent by 2040.

On September 10, 2015, the BCDA and SCSPI entered into an agreement for the 25-year lease of  the property in New Clark City for the development of the solar photovoltaic power plant. In June 2023, SCSPI informed the BCDA of changes in its ownership structure after Gurīn Energy acquired its holding company, Capas Investment Pte. Ltd from Sindicatum Renewable Energy Company Pte. Ltd.,

Gurīn Energy, backed by New Zealand-based Infratil Ltd., is a renewable energy provider with investments in several wind and solar energy projects across Asia, including the Philippines.

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