NKS Solar One, a joint venture between Blueleaf Energy Philippines and NKS Energy Utilities, plans to invest $100 million in the first phase of its 250-megawatt peak floating solar project in Caliraya and Lumot Lakes in Laguna. The project, slated to be the country's first utility-scale floating solar project, has received a Certificate of Energy Projects of National Significance (CEPNS) from the Department of Energy, streamlining the permitting process.
NKS Solar One, a joint venture between Blueleaf Energy Philippines and NKS Energy Utilities, is looking at capital expenditure of $100 million for the construction and completion of the first phase of its 250-megawatt peak floating solar project in Caliraya and Lumot Lakes in Laguna.
“We are talking with two EPCs, one is for AC, the other is for the DC… One is Xian Electric which has 13 years of presence in the Philippines. The other one is Energy China,” Gopalakrishnan said. The CEPNS status will help expedite and streamline the issuance of necessary permits and clearances from various government agencies and authorities.
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