Deal #10626

Philippines
Created at
2024-09-08
Last update
2024-10-23
Last full update
2024-10-23

Land area

Size under contract (leased or purchased area)
  • [2014, current] 18 ha
Size in operation (production)
  • [2016, current] 15.85 ha
Comment on land area
Size in operation is based on RS polygon generated

Intention of investment

Intention of investment
  • [2014, current] Solar park (18 ha)
Comment on intention of investment
Renewable energy firm Asian Greenergy Corp, led by former Sen. Juan Miguel Zubiri, will put up a P1-billion solar power plant in Bukidnon to help ease the prevailing power shortage in Mindanao.

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Concession

Negotiation status

Negotiation status
  • [2014-05-05, current] Concluded (Contract signed)
Comment on negotiation status
(2014-05-05) Renewable energy firm Asian Greenergy Corp, led by former Sen. Juan Miguel Zubiri, will put up a P1-billion solar power plant in Bukidnon to help ease the prevailing power shortage in Mindanao after recieving the renewable energy service contract from the DoE

Implementation status

Implementation status
  • [2015-08] Startup phase (no production)
  • [2016-03, current] In operation (production)
Comment on implementation status
Groundbreaking was held on August 2015 and the project got commissioned in March 2016.

Contract farming

Contract farming
No