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st

1 and the Largest


Japan. Sharp of Japan was the one who
Cepalco has developed the manufactured the photovoltaic modules or
very 1st and the largest in the world, 1 MWP the solar panels while Sansha manufactured
Photovoltaic Power Plant (at the time that it the inverters. The balance of system
was inauguration in 2004). A solar panel is components were procured locally.
made out of polycrystalline silicon; it is
based photovoltaic plant and connected to The Photovoltaic Plant is designed to
the energy distribution of Cagayan Electric be operated so that if the 7MW run-of-the-
Power & Light Co., Inc. (CEPALCO) that is river hydro plant which is also owned by
based in Cagayan de Oro City. The power CEPALCO, supplementary company,
plant has started its commercial operations Bubunawan Power Company. Being one of
on September 26, 2004, the photovoltaic a kind, the photovoltaic plant has already
plant has given CEPALCO a total of 4, 169, been visited by more than 10, 000 students
100 kWh or an average of 1, 389, 700 and visitors, locally and even from foreign
yearly, which is 10% more expected of the countries that are energy enthusiasts since
expected annual energy generation of 1, 261, the plant has started operating.
400 kWh. On its current tally of its
And because of the good feedback of
generating capacity, the photovoltaic plant
the photovoltaic plant, CEPALCO is now
can generate 900 CEPALCO residential
planning to embark to an even bigger solar
customers.
power park within its service territory. The
The CEPALCO photovoltaic power future solar power plant is said to be located
plant is closed costs to 5.2 million US in Villanueva, Misamis Oriental. It is a 30-
dollars it is equivalent to 233.2 million hectare lot within the First Cagayan de Oro
pesos. The plant is currently using 6, 500 Business Park. The place is some 30 minute
solar panels that occupies 2 hectares of land, east of Cagayan de Oro City.
it was partly funded by the Global
Pre-probability study of the projected
Environment Facility (GEF) which was
Photovoltaic plant states that if it will be
facilitated by the World Bank through the
implemented it can already supply the
help of the International Finance
CEPALCO energy distribution company
Corporation. The GEF fund was a loan that
with not less than 14, 000, 000 kWh of
is a grant after five successful years of
electricity yearly, that is equal to not less
operation of the Photovoltaic Plant by
than 30, 000 barrels of fuel oil annually.
CEPALCO. They were awarded as a
turnkey by the Sumitomo Corporation of

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