Our Development Partner
Sindicatum Renewable Energy Company Pte. Ltd Singapore
We Invest
USD 0.37 million
Development Funding
Estimated Project Impact
-
25 MW additional capacity
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36 GWh/year clean electricity
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19 500 tCO2eq/year emissions avoided
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100 construction jobs
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45 000 people reached
Funding Rationale

CI1 has provided development funding to the Capas project in order to fully develop the 25 MW solar PV project and ensure the project is feasible and reaches financial close.
The Philippines, with strong GDP growth that has subsequently driven more power demand, has indicated a strong desire to lower its dependency on fossil fuels and expand its renewable energy industry.
Contract Signature Date
July 2016
Region
Southeast Asia
Country
Philippines
Business Model
IPP
Technology
Solar PV
Environmental & Social Category
B+
Sector
Renewable Energy
Project Location
Site Photo
