By
Lenie Lectura - February 12, 2017
SOLAR Philippines will
commence exporting solar panels within the year, as it announced over the
weekend it is preparing to start the operations of the first phase of its 600-
megawatt (MW) solar-panel factory in Batangas.
Solar Philippines
President Leandro Leviste said the solar factory, which will be put up at First
Philippine Industrial Park in Santo Tomas, Batangas, would create 1,000 jobs,
and use state-of-the-art German equipment and high-efficiency Taiwanese cells.
Also, the company will
soon announce a partnership with one of the world’s leading solar manufacturers
to produce panels using proprietary technology at the lowest cost.
“Vertical integration
is the key to making solar cost-competitive, as in other countries, where solar
is already cheaper than coal and, especially, natural gas. Once we establish
this, and demonstrate that solar with batteries can provide reliable power
24/7, we estimate the Philippines will be able to save P50 billion to P100
billion per year,” Leviste said. Within the year, Solar Philippines plans to
start exporting solar panels and developing projects internationally, and begin
an expansion to 2 gigawatt hours of manufacturing capacity.
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