NKS Solar One, a joint venture between Blueleaf Energy Philippines and NKS Energy Utilities, has been awarded a Certificate of Energy Projects of National Significance (CEPNS) by the Department of Energy under Executive Order 30.
This prestigious certification recognizes energy projects that significantly impact the country’s energy security, economic growth, and environmental sustainability. It highlights NKS Solar One’s role in advancing renewable energy technologies and its substantial contribution to the national energy landscape. The 250-MWp floating solar project, set to be located at Caliraya and Lumot Lakes in Laguna, is anticipated to be the first utility-scale floating solar project in the Philippines.
“We are honoured and excited to receive this national recognition. This sends a strong message that our project aligns with the national government’s priorities to address the country’s urgent need for more energy.” says Andre Pablo Fausto III, President of NKS Solar One.
Christopher Chua, Country Head and Investment Director of Blueleaf Energy Philippines shares “This reflects our dedication to advancing renewable energy and also emphasizes the value of our project to the country’s future.”
Energy projects of national significance are pivotal initiatives identified and endorsed by the DOE, aligning with the Philippine Energy Plan. This comprehensive roadmap outlines programs and projects aimed at ensuring a sustainable, stable, secure, sufficient, accessible, and reasonably-priced energy supply.
Moreover, the CEPNS status will help expedite and streamline the issuance of necessary permits and clearances from various government agencies and authorities.
NKS Solar One is one of the winners in the DOE’s Green Energy Auction Program 2. Construction is scheduled to commence in late 2024, with an anticipated completion date in 2026. The project also received green lane status from the Philippine Board of Investments in April 2023.
Blueleaf Energy Philippines is a specialist onshore renewable energy business that develops and operates utility-scale solar projects. It is a portfolio company of Macquarie Capital, operating on a stand-alone basis. #