To address energy demands, Razon-owned Prime Infrastructure Capital Inc. is considering incorporating floating solar projects into its portfolio.
According to The Philippine Star, Prime Infra President and CEO Guillaume Lucci stated that the company is considering floating solar as a viable option, noting its benefits and economic potential.
Prime Infra operates in the energy, water, and waste management sectors. Recently, two of its projects have been designated as energy projects of national significance by the Department of Energy due to their potential to enhance the country’s energy security.
Moreover, these projects have received green lane endorsements from the Board of Investments, ensuring expedited processing of the required permits.
Last Friday, Prime Infra’s subsidiary, Prime Solar, launched a 64-MW solar power plant in Tanauan, Batangas, along with another in Maragondon, Cavite, which will provide up to 128 MW of renewable energy. The two solar power plants will power over 80,000 households.
Lucci mentioned that the firm is already expanding the Tanauan solar plant by an additional 10 to 12 MW and is planning a similar expansion for the Maragondon facility.
Furthermore, Prime Infra is actively looking to build more solar plants across the country, reinforcing its commitment to renewable energy solutions.
