PetroGreen Energy Corp.
PGEC is the renewable energy holding unit of Yuchengco-led and publicly listed PetroEnergy Resources Corp. (PERC). Through its operating subsidiaries, PGEC also operates five power stations using geothermal, wind, and solar energy. These are the 32 MW Maibarara Geothermal Power Plant in Batangas, 36 MW Nabas Wind Project with ~14 MW planned expansion in Nabas and Malay, Aklan, and the 70 MWDC Tarlac Solar Project in Tarlac City. Recently, PGEC also launched its Dagohoy solar project in Bohol which will increase its total solar operating units to 100MW while PetroWind Energy, Inc. (PWEI), its onshore wind unit, won the Visayas grid wind allocation in the first DOE Green Energy Auction Program (GEAP) last June 2022.
See below for the Latest PGEC News, Analysis, Profit Results, Share Price Information, and Commentary.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises