WEnergy Global to invest $20m in four energy projects in the Philippines

They will be modelled after renewable hybrid energy plants in Palawan.

Renewables developer WEnergy Global will lead its joint venture partners to finance $20m in equity for four new electricity projects in the Philippines, according to a media release.

To be completed within 24 months, the four new projects will be modelled after the newly-opened Sabang Renewable Energy Microgrid (SREC) Project in Palawan.

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The Sabang plant combines 1.4MWp solar PV, 1.2MW diesel generation and 2.4MWh battery storage to deliver electricity across a 14-km distribution network. This power plant will have 60% solar PV energy in the mix in its first few years of operation.

WEnergy Global led the conceptualisation and development of the project, and now operates the Sabang plant jointly with its Philippine partners, Gigawatt Power and Vivant.

The Philippine Secretary of the Department of Energy Mr Alfonso G. Cusi, Senate Committee on Energy Chair Senator Sherwin T. Gatchalian and the Mayor of Puerto Princesa Mr Lucilo C.R. Bayron were also present at the inauguration of the Sabang plant today.