DINGRAS, Philippines – A one-megawatt solar farm by a Korean company is now fully-operational on Monday.
The solar farm, the third of its kind in the province, is located at the small compound of the Ilocos Norte Electric Cooperative (INEC) main office in Suyo village, this town.
Moon Jiang, president of Bosung Powertec, said the solar farm costs $3 million.
He said that it has a total of 3,240 sheets of 310 solar modules, a 950 kilowatt inverter, and a 1,000 kilovolt-amps step-up transformer and high voltage switch gear.
.He added the project was under a build-operate-transfer scheme wherein they will turn over all the facilities to INEC free of charge and as scheduled by mutual agreement expected to be done in 12 years time.
INEC general manager Felino Herbert Agdigos welcomes the new venture of the cooperative saying that it will “improve voltage quality in the province”.
He added that with the existence of other solar farms in the province, consumers will see lower rates due to reduction of transmission costs.
The other two existing solar plants in the province are a 7.9MW solar farm established by Energy Development Corporation (EDC) situated in Burgos town and a 20 MW solar power plant project of Soleq Philippines Inc. located in Currimao town.