Yuchengco firm starts work on P1.9 billion
By Brix Lelis | The Philippine Star | March 19, 2025 12:00AM
Once completed by the end of the year, the Limbauan Solar Power Project (LSPP) is set to reinforce the Luzon grid with an additional 59 gigawatt-hours of clean energy annually, displacing 31,700 metric tons of carbon emissions. STAR / File
MANILA, Philippines — Isabela solar farm Yuchengco-led PetroGreen Energy Corp. (PGEC) is now advancing the construction of its P1.9-billion solar farm in San Pablo, Isabela.
Once completed by the end of the year, the Limbauan Solar Power Project (LSPP) is set to reinforce the Luzon grid with an additional 59 gigawatt-hours of clean energy annually, displacing 31,700 metric tons of carbon emissions.
The 40-megawatt (MW) facility marks PGEC’s first investment in Cagayan Valley.
Maria Victoria Olivar, vice president for business development and commercial operations at PGEC, said the project is expected to provide up to 600 jobs at the height of the construction.
“We are thrilled to officially begin the installation of LSPP’s PV (photovoltaic) panels in the presence of our various stakeholders — private and public — especially local government officials of our host communities,” she said.
The solar power plant, Olivar said, would contribute significantly to the region’s “overall economic and social progress.”
PGEC has tapped China-based solar PV manufacturer Trina Solar for the supply of some 52,640 solar panels for the project.
LSPP is being developed in phases, with Phase 1 (six MW) connecting to the Isabela Electric Cooperative 2 system and Phase 2 (34 MW) integrating into the National Grid Corp. of the Philippines’ 69-kilovolt Tuguegarao-Cabagan line.
The Yuchengco Group is constructing the project through BKS Green Energy Corp., a subsidiary of Rizal Green Energy Corp., which, in turn, is a joint venture between PGEC and Japan’s Taisei Corp.
“LSPP-2 is among the winning bidders of the DOE’s (Department of Energy) second green energy auction and is expected to deliver additional power to the grid by end-2025,” DOE-Renewable Energy Management Bureau director Marissa Cerezo said.
“The government needs more private investors like PGEC and BKS to invest in and develop renewable energy facilities because of our ever-growing demand for power,” she said.
Cerezo also highlighted the importance of providing the “necessary assistance” to developers to ensure the completion of their projects.
Last November, the LSPP was certified as an energy project of national significance, a priority tag aimed at expediting the processing and approval of permits.
Source: The Philippine Star
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