Basic Energy Corporation (BEC) collaborates with Japanese renewable energy (RE) firm Renova Inc. for the joint development of the 50-megawatt (MW) Mabini wind project in Batangas.
The Business World reported that the company, through its president, worked out a Memorandum of Understanding (MoU) with Renova.
The Department of Energy (DOE) granted the RE service contract to BEC in 2021. Additionally, Mabini Energy earmarked a budget of Php 31 million last year for permits, licenses, ancillary activities, and a resource assessment campaign.
Wind, biomass, solar, hydropower, and geothermal energy are just a few of the sustainable energy sources that Renova has been working on.
Spanning 4,860 hectares in the Mabini Peninsula, the Mabini wind project is slated to operate at full capacity by 2027.