MAEC Currimao Solar Plant
Sector: Solar • Location: Philippines
Source: World Bank Group
Mirae Asia Energy Corporation (MAEC), from South Korea, was developing the 20MW Currimao solar plant, in ILocos Norte Province. The plant was expected to generate 30 GWh annually, and consist of 60 hectares of land.
The project started construction in November 2012 and was expected for commissioning in May 2014. An MOU with the local government was signed in October 2011. Construction was expecte
- Status
- Prospective
- Sector
- Solar, Power Generation (CCGT), Government, Commercial
- Location
- Philippines
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Mirae Asia Energy Corporation (MAEC), from South Korea, was developing the 20MW Currimao solar plant, in ILocos Norte Province. The plant was expected to generate 30 GWh annually, and consist of 60 hectares of land. The project started construction in November 2012 and was expected for commissioning in May 2014. An MOU with the local government was signed in October 2011. Construction was expected to take 18 months. The site was considered favorable due to relatively little rainfall. Total project cost was P2.4 billion (US$59 million). Debt funding was expected to come from both local and foreign banks. No furhter information was available, therefore listed here as under development. http://www.abs-cbnnews.com/nation/regions/11/16/12/korean-firm-build-solar-power-plant-ilocos-norte http://www.malaya.com.ph/index.php/business/business-news/19863-mirae-asia-starts-building-p2b-solar-plant |
Original sector | Energy |
Location
Country | Philippines |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-10-01 |
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