, Philippines
162 views
Photo by Pixabay from Pexels.

Basic Energy and RENOVA collaborate on 50 MW Mabini Wind Power Project

The project is covered by the government’s Wind Energy Service Contract.

Basic Energy Corporation and RENOVA signed a Joint Development & Shareholders Agreement for the construction of the 50-megawatt Mabini Wind Power Project in the Philippines.

In a statement, Basic Energy said RENOVA and the company will hold an equal share in the Mabini Energy Corporation, the venture firm which will lead the development of the wind project.

The Mabini Wind Power Project, located in Barangay San Teodoro, Mabini in the province of Batangas, covers a 4,860-hectare contract under the government’s Wind Energy Service Contract.

The wind contract has a 25-year term which includes a five-year pre-development phase and an option to extend for 25 years.

 

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!