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Nexif Ratch Energy secures financing for its 145MWp Bacolod Solar Power Project in the Philippines, set to power 52,600 households.
Nexif Ratch Energy has secured financing for its 145MWp Bacolod Solar Power Project in the Philippines, set to power about 52,600 households.
Construction begins in October 2024, with operations starting in Q4 2025.
The project, costing over $100 million, will primarily supply energy to Aboitiz Power Corporation under a 10-year agreement, while excess power will be sold on the wholesale market.
This marks Nexif's second solar initiative in the country.
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Nexif Ratch Energy asegura financiamiento para su 145MWp Proyecto de Energía Solar Bacolod en Filipinas, destinado a alimentar 52.600 hogares.