Kirahon Solar Energy Corporation (KSEC) has formally inaugurated its 12.5- megawatt Kirahon Solar Farm in Misamis Oriental. Located on a 15-hectare property inside Phividec Industrial Estate in Sitio Kirahon, the plant has 41,080 units of 305-watt solar panels generating a nominal power output of 12.53 MWp.
“As the first solar farm to be built under a PSA [power supply agreement], the first to secure ERC [Energy Regulatory Commission] approval and the first to secure local nonrecourse debt financing, it was important that the project was executed on schedule and within budget. First Balfour consistently demonstrated a willingness to work together through challenges during construction and always remained solution-oriented. The project is now operating beautifully and we are proud to have First Balfour as a key member of the team leading to the project’s success,” said KSEC CEO Mike Lichtenfeld.
Kirahon Solar Farm is First Balfour’s second solar power project following the 4.2-MW Burgos solar farm in Ilocos Norte. Today, the solar farm supplies clean power to more than 20,000 local households, offsetting some 18 million kilowatt-hours per year of diesel power plant output and 14 million kilograms of carbon dioxide emissions per year.