Trina Solar upbeat on its prospects in PH, inks supply contracts with Aboitiz, Villar power firms

The Philippines is on track to achieve a significant increase in solar energy capacity this year, with some large-scale utility projects due to be completed by the end of the year with the help of Trina Solar.

Ranked as one of the world’s most bankable solar manufacturers, Trina Solar is a leading provider of photovoltaic modules and smart energy solution.

Trina Solar is the sole supplier of modules for Aboitiz Power Corp.’s 94 megawatt (MW) solar farm in Pangasinan which is now under construction. Project commissioning is expected in the fourth quarter.

“We are supplying around 142,000 Trina Solar’s Vertex DE21 modules for this project,” said Trina Solar Asia Pacific president Todd Li. The Trina Vertex modules have a maximum power output of up to 670 watts.

Aboitiz Power’s 94MW solar farm is the first in the Philippines, and the second in Southeast Asia, to install Vertex 670W solar modules.

“Once completed, the power plant is expected to produce 147 million kWh of clean energy annually or enough to power over 60,000 Filipino homes all year round,” said Todd.

Todd said solar modules are designed to last more than 25 years.

Villar’s PAVI Green Renewable Energy, which is developing a 22MW solar farm in Bataan, also uses Trina solar modules. This project will be completed in the fourth quarter.

Trina Solar has supplied 40,665 of its Vertex DE19 modules to PAVI.

Vertex DE19 is the most popular Trina Solar module, suitable for ground-mounted and rooftop solar installation. The DE19 Vertex module has a maximum efficiency of 21.2% and maximum power output of up to 555W.

ERC to look into complaints of overcharging by power firms

Numerous complaints on increasing electricity rates have prompted the Energy Regulatory Commission (ERC) to launch an investigation on the accuracy and reasonableness of the generation rates being passed on by distribution utilities (DUs) to its consumers.

Synergy Grid declares P1.37B cash dividends

Synergy Grid and Development Philippines of bilyonaryos Big Boy Sy and Robert Coyiuto is set to reward its shareholders with a cash dividend similar to the amount given the past two quarters.