Meralco sources 1,880MW from various RE suppliers

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The Manila Electric Co. (Meralco) has contracted 1,880 megawatts (MW) of renewable energy (RE) capacity from various suppliers, exceeding its initial target of 1,500 MW, in compliance with and in support of the Renewable Portfolio Standards (RPS) policy of the Department of Energy (DOE). Under the RPS, electricity suppliers are…

The Manila Electric Co. has contracted 1,880 megawatts of renewable energy capacity from various suppliers, exceeding its initial target of 1,500 MW, in compliance with and in support of the Renewable Portfolio Standards policy of the Department of Energy .

“Our just, orderly, and affordable transition to clean energy is at the core of our sustainability journey, and this commitment solidifies our drive to bring to life projects that will help serve the country’s growing energy demand with greener power,” Meralco First Vice President and Chief Sustainability Officer Raymond Ravelo said in a statement over the weekend.

Meanwhile, Meralco’s social development arm, has installed a 5.1-kilowatt peak solar photovoltaic system for the rice milling facility of the Laak Multipurpose Cooperative , whose operations have long been challenged by the lack of reliable power supply.

Source: Energy Industry News (energyindustrynews.net)

 

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