CALABANGA, Philippines, Aug 7 (Bernama-BUSINESS WIRE) — Nexif Ratch Energy (NRE), a leading independent power producer focused on renewable energy solutions, is pleased to announce that the Calabanga Solar Project (CARE) located in Camarines Sur, South Luzon, Philippines, has successfully reached commercial operation on August 5, 2024. This milestone followed the completion of a rigorous testing and commissioning process conducted by the National Grid Corporation of the Philippines.
CARE is a 74.2 MWp ground-mounted solar PV project and the first utility-scale solar power project in the Bicol Region, delivering clean energy to the national grid. CARE will sell most of its electricity production through a 10-year Power Supply Agreement with a subsidiary of Aboitiz Power Corporation Group, ensuring stable revenue streams.