The Davao Oriental provincial government has signed a deal with power firm Dy Green Energy to explore the development of the province’s first 50-megawatt (MW) solar power plant in the Philippines.
According to the memorandum of agreement (MOA), the Solar Power Generation Plant (SPGP) will be situated on a 40-hectare land in Barangay Maputi, Banaybanay town, which the provincial government will acquire and, in turn, lease to the company for 15 years, .
Provincial Information Officer Kare Lou Deloso, said, “Both parties will begin the project as soon as the land acquisition is completed and the SPGP obtains the required permits and licenses to operate.”
As per reports, the MOA signing was held at Mati City and the agreement was signed by Governor Niño Sotero Uy Jr. and King Shing Donny Yeung, Dy Green Energy’s Operation Manager.
Deloso said, “The landmark project will not only meet the increasing energy demands and address power outages in the province but will also generate jobs and boost investments and tourism.” “This is a welcome development for all of us here in Davao Oriental since we have been experiencing electricity problems. We cannot proceed in our development efforts, especially our socio-economic initiatives if we have problems in our power supply,” he said.
