June 28, 2019 | 12:04 am
RENEWABLE energy
company SN Aboitiz Power-Magat (SNAP-Magat) has invested around P24 million for
the 200-kilowatt pilot floating solar project in Ramon, Isabela.
In a statement,
SNAP-Magat said the circular installation consists of 720 solar panels that are
kept in place by four mooring systems. The facility covers a 2,500-square meter
area over the Magat reservoir.
“This pilot holds the
potential for significantly greater things in the future. We picked now to turn
it on because we are heading into the wet season. As we go into the wet season,
we will get to test out how well it will withstand the rain and the wind
speed,” SNAP President and CEO Joseph S. Yu was quoted as saying.
This is SNAP’s first
non-hydro renewable energy (RE) project. It will provide power to SNAP’s
facilities in the area.
The company will
conduct a 10-month stress test on the facility to ensure it can withstand
typhoons and strong inflows.
SNAP said it will
consider scaling up the project if proven to be successful.
The company partnered
with Ocean Sun, a Norwegian floating solar technology provider, for the
project.
SNAP-Magat is a joint
venture between SN Power of Norway and AboitizPower.
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