PV Solution and Service Provider expands leading position in Asia
Hamburg / Manila, 30 October 2013 – PV solution and service provider Conergy further expands its leading market position in Asia, with a large-scale power plant totalling 22 megawatts. Conergy secured its first major order in the Republic of the Philippines – the largest in this emerging solar market so far. Conergy is building the 350,000 square meter solar project in San Carlos City, Negros Occidental for San Carlos Solar Energy Inc. (SACASOL), a joint venture between the local clean energy developer, Bronzeoak Philippines, and fully-financed by European-based asset management and project finance group, ThomasLloyd.
As the general contractor, Conergy is responsible for the planning and engineering, the supply and the construction of the two solar power plants with a total capacity of 13 and 9 megawatts respectively. This completed in the first six months of 2014. Likewise the 88,300 Conergy modules of the “P-Series” produces around 35,000 megawatt hours per year. This is enough energy to supply 13,000 households in the Philippines. At the same time, the two parks avoid approximately 18,800 tons of CO2 emissions.
Lohoff: “We are entering another growth market – more to follow together with Kawa.”
Zabaleta: “Conergy has a proven track record in Asia and an exceptional reputation.”
In addition and with the PV power plant, Sacasol expands its business activities in the field of renewable energies. The company already operates an 18 megawatt biogas power plant in the Republic.
In conclusion, “net metering” allows owners of installations up to 100 kilowatts to offset the energy produced and consumed. So with the energy taken from the public grid, thereby significantly reducing their energy bill. Net metering models are already in use in the USA. In addition in South America and Italy. All the while where end consumers can benefit from grid parity and solar power. Finally with it being cheaper than conventional energy from the grid.