Philippines’ Meralco, VinEnergo partner on 25-GW RE study
They will also explore EV and charging infrastructure.
Manila Electric Company (Meralco), Meralco PowerGen Corporation (MGEN), and Vietnam’s VinEnergo Energy Joint Stock Company will explore potential collaboration in advancing energy security, system reliability, and transitioning to cleaner energy in the Philippines.
Through a Memorandum of Agreement (MoU), MGEN and VinEnergo will explore renewable energy-based solutions that can deliver up to five gigawatts (GW) of baseload-equivalent capacity.
This could potentially deploy 25 GW of integrated renewable energy and energy storage capacity.
Under the agreement, the parties will also study opportunities related to electric vehicle charging infrastructure, including residential, commercial, and fleet charging solutions.