Deal #10239

Philippines
Created at
2024-02-21
Last update
2025-01-21

Land area

Intended size
100 ha
Size in operation (production)
  • [2016-03] 67 ha
  • [2016-03, current] 100 ha

Intention of investment

Intention of investment
  • [2016-03, current] Solar park (100 ha)
Comment on intention of investment
80 MW solar power plant in operation since 2016

Carbon offset project

Carbon offset project
Yes
Comment on carbon offset project
In 2018, it was registered under the VCM mechanism. VCM registered under Project 1735

Nature of the deal

Nature of the deal
Outright purchase

Negotiation status

Negotiation status
  • [2015-10, current] Concluded (Contract signed)
Comment on negotiation status
In October 2015, Conergy signed a contract with Negros Island Solar Power Inc. (islaSol), a joint venture between the Philippine Investment Alliance for Infrastructure (PINAI), a fund managed by Macquarie Infrastructure Management (Asia) Pty Limited and Bronzeoak Philippines to build a 48 MWp solar power plant in Manapla, Negros Occidental

Implementation status

Implementation status
  • [2014-03-11] Startup phase (no production)
  • [2015-05-28] Startup phase (no production)
  • [2016-03-02] In operation (production)
  • [2016-03-08, current] In operation (production)
Comment on implementation status
According to the VCS Project Description, the 32MW La Carlota power plant began construction on March 2014 while the 48MW Manapla Plant began inMay 2015. Both plants came into operation on March 2016

Contract farming

Contract farming
No