Project Description
The Project aims to construct five (5) independent and distributed Solar-BESS system to improve the reliability, sustainability, and resiliency of power supply in the province of Marinduque. These systems will be constructed in 5 different sites across the province. To ensure reliability of the power supply and electricity production, the independent Solar-BESS shall be composed of distributed solar and battery systems designed to provide a total of sixty four (64) megawatts-peak of solar-powered electricity complemented by a combined one hundred twenty four (124) megawatt-hour DC coupled battery energy storage system.
Project Objectives
The main objective of the Project is to provide a more reliable and cost-efficient alternative to consumers and the government by developing a network of independent Solar-BESS facilities using distributed solar and battery systems (the “Solar-BESS System”) that will provide electricity to Marinduque’s grid. Through the development of the Solar-BESS System, the Project Proponent seeks to reduce the subsidy being provided to the consumers of Marinduque’s grid. Further, it will provide a resilient source of electricity that will minimize electricity downtime and will be capable of riding through emergencies caused by extreme weather events such as typhoons.
Implementing Agency
National Power Corporation
Plan / Investment Program Alignment
TBD
Contractual Arrangement
Build-Operate-Transfer Concession Agreement
Province / Municipality
TBD
Region
Sector
Energy
Estimated Project Cost
Php 4.24 Billion
Development Cost
TBD
Procurement Mode
Unsolicited
Implementation Mode
National
Private Proponent
ENGIE Services Philippines, Inc
Status
Under evaluation by implementing agency
Remarks
In a letter dated September 19, 2024, the National Power Corporation informed the proponent and the PPPC that it will proceed to the detailed evaluation of the proposal.
Endorsed by the PPPC to the IA on September 12, 2024 after being determined to be complete pursuant to Section 10 of the PPP Code.
