Vietnamese renewable energy developer CN Green Roof Asia (CNGRA) has began construction of a 22.785-megawatt-peak (MWp) solar energy project in Hermosa, Bataan.
The power, developed through special purpose vehicle Solana Solar Beta, Inc., is slated to start business operations by the top of 2025.
Once operational, the solar farm is predicted to generate 32.8 gigawatt-hours of unpolluted energy annually, sufficient to produce electricity to almost 30,000 individuals annually. The project represents a $15.8-million investment and is an element of CNGRA’s broader commitment to expanding its renewable energy footprint within the Philippines.
“This project is a testament to what strong partnerships can achieve. Along with our local collaborators, we’re constructing a more sustainable energy ecosystem that advantages communities now and for generations to return,” said Rob Santler, chief executive officer of CNGRA.
Established in 2021, CNGRA is a three way partnership between Climate Fund Managers—through its Climate Investor One platform—and Norfund, the Norwegian government’s investment fund for developing countries. The corporate plans to speculate as much as P10 billion over the subsequent two years in solar and battery energy storage projects across the Philippines, aiming for a complete capability of as much as 300 MW.
Along with the Hermosa project, CNGRA is exploring opportunities to develop ground-mounted solar and business and industrial rooftop projects throughout Luzon, Visayas, and Mindanao. The corporate has also partnered with local developer Solana Renewable Energy Holdings to advance its initiatives within the country.
The Hermosa solar project is predicted to create over 100 jobs during construction, offset roughly 14,053 tonnes of carbon emissions annually, and contribute to the Philippines’ goal of achieving 35% renewable energy in the ability mix by 2030. — Sheldeen Joy Talavera
