Belgium’s Enfinity will build 20 MW solar power plant in Zamboanga City
Plant part of the solution to the city’s power crisis.
Enfinity Philippines Renewable Resources Inc., a subsidiary of Belgian renewable energy developer Enfinity, said it will invest US$32 million in the solar power plant. Enfinity finances, develops, builds, owns, operates and maintains solar power installations.
The power plant will be built at the Zamboanga City Special Economic Zone and Freeport Authority west of the city located on the island of Mindanao in southern Philippines.
The Department of Energy has granted Enfinity Philippines a service contract to build the power plant. Enfinity and the Zamboanga City Electric Cooperative will jointly petition the Energy Regulatory Board for approval of its proposed rates. Enfinity claims the power rates from solar energy are much lower than current rates.