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The Filinvest Group has switched on its P1-billion solar park in Misamis Oriental, as the Gotianun-led firm’s first large-scale solar asset.
The 20.774-megawatt-peak facility—located at the PHIVIDEC Industrial Estate in Tagoloan—is also touted as the first utility solar power plant in the local market that is paired to a thermal, baseload power plant.
The project was developed by the group’s power arm, FDC Utilities Inc., through the latter’s subsidiary FDC Green Energy Corp.
“We are thrilled to officially bring our first utility-scale solar project online to support the country’s aggressive green energy targets,” said Juan Eugenio Roxas, president and CEO of FDC Green.
