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Business

Filinvest solar farm all set for power delivery

Brix Lelis - The Philippine Star
Filinvest solar farm all set for power delivery
FDC Green president and CEO Juan Eugenio Roxas (third from left) accepts the certificate from Energy Regulatory Commission chairperson Francis Saturnino Juan (second from left). Also in photo are ERC head executive assistant, Noel Salvanera (left) and FDCUI regulatory and compliance department head Renato Vehemente (right).
STAR / File

MANILA, Philippines — FDC Utilities Inc. (FDCUI), the utility arm of the Gotianun family, has received the green light to start selling electricity from its 20.7-megawatt-peak solar power plant in Misamis Oriental.

The Energy Regulatory Commission has issued a certificate of compliance for the ground-mounted solar facility, confirming its readiness to operate and supply power to the Mindanao grid.

“The ongoing energy crisis has underscored the need for reliable and sustainable power solutions,” said Juan Eugenio Roxas, president and CEO of FDCUI and subsidiaries.

Developed by FDCUI unit FDC Green, the project is projected to generate around 30.2 million kilowatt-hours of clean power annually.

This comes at a crucial time as the Philippines faces an energy emergency triggered by ongoing tensions in the Middle East, which have once again heightened pressure on the power supply.

“In an environment where global fuel markets are increasingly unpredictable, projects like this highlight the importance of investing in indigenous and renewable energy sources,” Roxas said.

The Misamis project is a strategic investment aligned with the Filinvest Group’s target of tripling its power generating capacity by 2033, with renewables at the forefront of the expansion.

Currently, FDCUI’s capacity stands at over 400 megawatts.

Upon its commercial operation, the solar facility is poised to boost the stability and reliability of the Mindanao grid.

FDCUI

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