ILAGAN CITY, Isabela: The Ilagan city government welcomes billions of pesos of investments on projects aimed at harnessing solar energy.
“With the coming in of investments for solar energy, the city will soon become the country’s solar energy capital considering the huge power it can generate once these two solar power plants will become operational,” said Ilagan Mayor Josemarie Diaz.
He was referring to representatives of a Germany-based power investor and an American firm, who visited the city to conduct initial business arrangements.
He said the American investors were in the city to look for a 150-hectare area for the establishment of a solar power plant project that can generate at least 100 megawatts.
“The Americans prefer to locate in the eastern part of the city and we are so lucky that our city is a destination for investors both for local and foreign-funded power projects,” Diaz said.
Earlier this year, the city government has welcomed investors from Germany to put up a P7 billion solar power plant that would be also capable of generating at least 100 megawatts.
“The German project is to be located in the western part of the city particularly at Barangay Cabannungan,” Diaz said.
He said the two projects will help reduce the current shortage in electricity as a result of heavy power requirements by the influx of business establishments not only in this city but also in other parts of the Cagayan Valley region.