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PRESS RELEASE
Toledo solar power plant reaches out to farmers
Posted on March 2, 2022
A SISTER company of Megawide Construction Corporation is helping farmers by alllowing them to use a hectare of their 60-hectare solar power plant in Barangay Talavera, Toledo City, southwest Cebu as their planting site for free.
Among those considered to be planted in the area are creepy plants like ginger/ turmeric, peanuts and other vegetables whose height won't cover thousands of solar panels.
Oliver Tan, chief executive officer and president of Citicore Power Incorporated, a sister company of Megawide, said the project which they call as "agro solar" is patterned after the farming methods that they also implemented in five other solar power plants in Luzon.
Tan said they will first start with one hectare that will serve as a pilot area for planting.
More than 60 certified Talavera farmers will benefit from the project.
Louie Ferrer, chairman of Cebu2World Development Inc., another sister company of Megawide and developer of Carbon Market modernization project, said the farm yields will be sold in Carbon.
The plant, which produces 60 megawatts of electricity, has been supplying electricity to the National Grid Corporation of the Philippines since 2016. (PAC, TPT)