Nexif Energy has signed a long-term power supply agreement (PSA) with SN Aboitiz Power (SNAP) for its maiden solar farm in the Philippines. SNAP is a joint venture between Aboitiz Power Corporation and SCATEC ASA.
The 75 MWp photovoltaic (PV) facility will be constructed in Calabanga, Camarines Sur province. Under the agreement, SNAP will purchase most of the electricity and green certificates generated by Nexif Energy’s Calabanga solar farm for ten years.
Nexif Energy has entered into EPC and O&M contracts with PowerChina Huadong Engineering Corporation and PowerChina Philippines Corporation for the construction and maintenance of the Calabanga project, which is expected to complete construction and start exporting electricity in Q4 2022.