Sterling & Wilson, a subsidiary of the US$2.5 billion conglomerate the Shapoorji Pallonji group, will set up a 23 MW solar photovoltaic plant in the Clark Freeport Zone in the Philippines. Singapore-headquartered Sindicatum Renewable Energy, a clean energy developer, named Sterling & Wilson as engineering, procurement and construction (EPC) contractor, according to statement by Sterling & Wilson..
The project will come under the Philippines’ Department of Energy solar power procurement programme and is expected to be complete by February 2016. The statement said the project would be “constructed under the Department of Energy Philippines solar power procurement programme under the feed-in tariff (FIT) mechanism.” Electricity generated by renewable energy projects entitled to the FIT will be dispatched to the grid at a premium rate over 20 years.
“Sterling & Wilson will design the plant structure to withstand adverse soil conditions and high wind speeds,” the statement said and that the contractor “will hand over the fully functional solar power plant to its owners by February 2016”. This order has boosted Sterling & Wilson’s order book in the Philippines to 101 MW.