Concepcion: The proposed 120-megawatt (MW) solar project in the municipality of Concepcion marks a promising advancement for Iloilo, particularly as the province is a leader in renewable energy in the country. The project is set to be developed by MGen Renewable Energy Inc., through its subsidiary LagunaSol Corporation, and will occupy a 135.40-hectare area in Barangays Nipa and Lo-ong. It will be interconnected with the 138-kV substation of the National Grid Corporation of the Philippines in Concepcion.
According to Philippines News Agency, during a press conference on Thursday, Governor Arthur Defensor Jr. expressed his support for renewable energy initiatives, highlighting the province's insufficient power reserve. "They are very welcome here. I told them we will work together. Here in Iloilo, we have designed a device we call the agricultural impact assessment where energy and agriculture will be balanced," he stated.
The project proponents formally presented the proposal to the governor on Tuesday, aiming to not only enhance the province's energy supply but also to contribute over a million pesos in taxes, thereby significantly boosting the local economy of the host municipality.