Trinasolar International Systems Business Unit (ISBU), the global project development arm of Chinese renewable energy developer Trinasolar Co. Ltd., recently signed a 20-year power purchase agreement with AdventEnergy for the 60.21 megawatts (MW) Mabini solar project in Pangasinan.
AdventEnergy is a subsidiary of Aboitiz Power Corp.
ISBU said in a statement on late Tuesday that the Philippine Board of Investments has granted the Pangasinan solar project Green Lane Certification. It represents the company’s first greenfield development in the country.
The project is scheduled to begin commercial operations by the third quarter of 2026 and is expected to generate 110.84 gigawatt-hours of renewable electricity in its first year of operation, equivalent to the annual energy consumption of over 24,000 households.
It is also expected to result in the reduction of 76,549 tons of carbon dioxide emissions annually.
“The Mabini solar project shows what can be achieved through strong cooperation between the Advent and Trinasolar… Together, we are advancing the country’s renewable energy goals and creating lasting value for local communities,” Derek Wang, Trinasolar ISBU Southeast Asia country manager, said.
Meanwhile, James Yu, AdventEnergy president, said that beyond expanding its retail supply portfolio, the project also provides a nature-friendly electricity solution to businesses.
“We look forward to working hand-in-hand with Trina Solar as we bring a stronger and more sustainable energy future to our customers and deliver lasting impact to the industries we serve,” Yu said.
Aboitiz Power is currently one of the largest power producers in the Philippines and has set a capital expenditure budget of P78.1 billion for this year.
Aboitiz Power, as an entire group, has a current growth strategy to add 3,600 MW of new RE capacity to have a total of 4,600 MW worth of RE by 2030. This production will be paired with thermal power plants to support the country’s baseload and peak energy demands, achieving a total portfolio of 9,200 MW for the specified period.
