Raslag Corporation (ASLAG) has strengthened its renewable energy footprint by securing a Power Supply Agreement (PSA) with FDC Retail Electricity Sales Corporation.
Under the two-year contract, Raslag III Solar Power Project in Mabalacat, Pampanga—generating 18.011 MWp DC / 13.6 MW AC—will supply clean energy, reinforcing efforts to expand solar power in the region.
“Under the above-mentioned agreement, ASLAG agrees to sell and deliver the full generation of its 18.011 MWp DC/13.6 MW AC Raslag III Solar Power Project in Mabalacat, Pampanga, for a period of 2 years, subject to further extension by the parties,” said ASLAG in a regulatory filing.
As the third phase of the RASLAG solar plant project in Pampanga, this development is set to further strengthen the company’s renewable energy footprint, generating around 26,000 megawatt hours (MWh) of electricity annually.
Earlier, the energy firm strengthened its commitment to renewable energy by collaborating with a Singapore-based company to acquire a hybrid energy project.
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