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Solar energy

Pacific Impact Energy Corp. Receives Green Lane Certification for 61.551 MWp Solar Power Project in Pangasinan

Strategic Insights

— 1 min read

The Philippine government has taken a significant step in supporting the country's renewable energy agenda with the certification of Pacific Impact Energy Corp.'s (PIEC) 61.551 megawatt-peak (MWp) Capantolan Solar Power Project in Sual town, Pangasinan. The project has been registered with the Board of Investments (BOI), making it eligible for investment incentives and paving the way for the construction of a 400-job solar power facility. The project is part of PIEC's plans to build renewable energy facilities in the Philippines, with the goal of contributing significantly to the country's renewable energy infrastructure.

Key Takeaways:

  • The Pacific Impact Energy Corp.'s (PIEC) 61.551 MWp Capantolan Solar Power Project in Sual town, Pangasinan has been certified with a green lane certificate of endorsement by the Board of Investments (BOI).
  • The solar project is expected to lower electricity costs, strengthen energy independence, and promote environmental sustainability by actively engaging local communities.
  • The project will create jobs for about 400 workers in engineering, supply, transportation, and related fields during the construction phase.
  • The solar park will provide long-term operational roles for plant engineers, operators, and support staff.
  • The project is part of PIEC's plans to build renewable energy facilities in the country, including the Albay Wind Power Project in Ligao and Guinobatan and the Malasiqui Solar Power Project in Pangasinan.
  • The Singapore-based Pacific Impact Development, a development service provider in sustainable infrastructure projects across Asia, established PIEC last year to establish its presence in the Philippines.

Statistics:

  • The Capantolan Solar Power Project is a 61.551 MWp facility.
  • The project will create approximately 400 direct jobs during the construction phase.
  • The solar power facility will provide operational roles for plant engineers, operators, and support staff after completion.
  • Pacific Impact Energy Corp. is developing renewable energy facilities in the Philippines to contribute significantly to the country's renewable energy infrastructure.

Sources:

  • "A solar power facility in Pangasinan is the latest project to obtain a green lane certification from the Board of Investments (BOI)." - [Inquirer.net]
  • "With this endorsement, the BOI committed to continuously coordinate with relevant national and local government agencies to help address permitting and regulatory concerns." - [Inquirer.net]
  • "'We're actively developing clean energy projects across Southeast Asia, but the Philippines stands out as one of the most supportive environments for renewable energy investment,' said James Timko, managing director of Pacific Impact Development." - [Inquirer.net]

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