Nexif Ratch’s 74.2 MWp Calabanga Solar Project in Philippines begins commercial operations
Nexif Ratch Energy (NRE) has announced that its 74.2 MWp Calabanga Solar Project (CARE) in Camarines Sur, South Luzon, Philippines, has commenced commercial operations as of August 5, 2024. This achievement follows a testing and commissioning process by the National Grid Corporation of the Philippines. CARE, the first utility-scale solar power project in the Bicol Region, will supply clean energy to the national grid, with most of its output sold through a 10-year Power Supply Agreement with a subsidiary of Aboitiz Power Corporation Group.
NRE is actively expanding its presence in the Philippine renewable energy market, with ongoing projects including the 145 MWp NPSI solar project in Visayas and wind energy projects such as the 500 MW San Miguel Bay nearshore and the 450 MW Lucena offshore wind projects.
Nexif Ratch Energy, headquartered in Singapore, specializes in developing and operating clean energy projects across the Asia Pacific, with a portfolio of 378 MW in operation or under construction and a development pipeline exceeding 6 GW. The company is 51% owned by Nexif Energy (Singapore) and 49% by RATCH Group (Thailand).