Fort Pilar Energy to expand Digos Solar Power Plant capacity to 40MW
Fort Pilar Energy Inc. on Wednesday said it will spend P500 million to expand the capacity of Digos Solar Power Plant in Davao del Sur to 40 megawatts from the current 28.59 megawatts.
Fort Pilar said the expansion plan includes upgrading the electrical systems and acquiring more powerful PV cells, as well as increasing its footprint in the Digos area.
The announcement comes as Fort Pilar acquired Digos Solar Power Plant owner and operator Alterpower Digos Solar Inc. from the joint venture of Hanwa Global Asset Corp. and Alterpower Specialist Inc. for P1.5 billion.
“Our investment in a solar power plant in Mindanao reflects our firm belief that the growth of the Philippines lies in the development of our rural areas,” chairperson Sheila Romero said in an emailed statement.
“While we remain committed to our legacy businesses in infrastructure and transportation, we believe that our company’s shift to the energy industry is a logical transition given our track record in building successful enterprises in challenging industries,” she added.
At present, the Digos Solar Power Plant produces an estimated irradiation of 1,872.4 kilowatt-hours per square meter, equivalent to 43 million kilowatt-hours annually, using 92,232 polycrystalline PV modules.
Fort Pilar is also in the process of putting up a battery energy storage system in Zamboanga City set to be commissioned in February 2022. — BM, GMA News