Basic Energy Corporation (BEC) has signed a memorandum of understanding (MOU) with Pangasinan Electric Cooperative I (PANELCO) to carry out studies on the proposed 50-megawatt (MW) solar power project.
In a report by the Manila Standard, Basic Energy said that the MOU is related to the development of a solar project and battery energy storage system.
The proposed project would be implemented in two stages, with a 10 MW capacity in the first phase and a 40 MW capacity in the second.
The firm also declared that the purpose of this collaboration is to supervise the distribution asset study (DAS) and distribution impact study (DIS) for the PANELCO I facilities. These studies are essential to guarantee the reliability of the infrastructure.