Basic Energy to develop wind power project in northern Philippines
The project is located in the municipality of Pasuquin in Ilocos Norte province.
Basic Energy secured the approval of the Philippines’ Department of Energy to develop its prospective Ilocos Nearshore Wind Power Project which can generate and contribute electricity to the grid ranging from 90 to 112 megawatts (MW).
In a disclosure, Basic Energy said the project with the approved Wind Energy Service Contract will be located in Pasuquin, Ilocos Norte.
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Under the contract, the government permitted the company to explore and develop the project in the contracted area measuring 5,502.54 hectares.
“With the effectivity of the said contract, the Company will now initiate the deployment of its resources for the wind resource assessment campaign to validate wind regime in the said area,” it said.