The company broke ground on its 100MW solar farm and 50MW wind plant on Mt. Sta. Rita .
Construction works on the wind and solar projects are expected to begin by October this year.
Jobin-SQM, a locator at the freeport zone which was bought by Emerging Power, will implement the projects, which will become operational next year.
The Mt. Sta. Rita solar project, which is expected to see an investment of around $200m, will reduce coal consumption by 44,300 tons annually.
The company has reportedly commenced construction on a substation that will be erected next to the current Subic Bay Metropolitan Authority substation.
Commenting on the renewable project, Emerging Power chairman Antonio Martin Zamora was reported by The Manila Times: "When completed, it will be the largest solar and wind project in Southeast Asia and nothing can better represent the future than renewable energy technology that Pope Francis himself has encouraged societies to go into."
The company’s portfolio also includes a 40MW geothermal project in Oriental Mindoro; a 30MW solar-bunker hybrid project in Palawan; a 10MW solar project in Camarines Sur; and a 2.5MW biogas project in Quezon.
