Vena Energy assures continued RE ventures in PH

Vena Energy

Singapore-based renewable energy (RE) developer, Vena Energy, has affirmed its continued support of the government’s goals for renewable energy.

Vena Energy asserted its optimism about the country’s RE strategies, including Renewable Portfolio Standards (RPS), Green Energy Option Program (GEOP), and Green Energy Auction Program (GEAP), which are initiatives to promote and stimulate increased investments in the renewable energy sector.

Additionally, the Singapore-based firm assured the public that it intends to continue an open dialogue with stakeholders regarding its Rizal wind power project. Vena Energy said it followed proper procedures for its wind study outside the Masungi Georeserve conservation area in Rizal province.

In a statement issued by the company, Vena Energy said it ascertains that every project complies with government regulations and mandatory testing.

Vena Energy also said that it has acquired permits including the Environmental Compliance Certificate from the Department of Environment and Natural Resources (DENR), a Certificate of Registration from the Board of Investments, and a Free, Prio, and Informed Consent (FPIC) to Conduct Studies and a Certification Precondition for Studies by the National Commission on Indigenous Peoples (NCIP).

Furthermore, the conduct of studies in the area received approval through issued clearances from the Protected Area Management Boards of Upper Marikina River Basin Protected Landscape, the Kaliwa River Forest Reserve, and Presidential Proclamation 1636. 

Vena Energy also claimed that discussions with the DENR took place involving the host barangays and communities in Tanay and Antipolo. These consultations, attended by various stakeholders, included representatives from the local government units (LGUs) of Antipolo and Tanay.