ACEN through its subsidiary (Sun Asia) will put up a 1,000 mW floating solar farm on a 800 hectare area at Laguna Lake, the largest freshwater lake in the Philippines. The project will cost $1.3 billion and will augment the hungry power requirements of the Luzon grid.
One wonders about its structural stability and durability to withstand storms and natural disaster.
This is a great stride in RE development in the Philippines
Its all ready partially operational at Bay Laguna. According to the President Theresa Capellan, 1,000 mW can power roughly 1 million homes. She cited the low tariff which makes the payback period 50 years (less than 1%) and many approvals needed to get started... Whew
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