Emerging Power Inc. (EPI), through its subsidiary Northern Palawan Power Generation Corp. (NPPGC), said Friday it signed a power supply agreement (PSA) with Aboitiz Power Corp.’s retail electricity supplier (RES) units.
EPI, the renewable energy arm of Nickel Asia Corp., said it signed the agreements with Aboitiz Energy Solutions Inc. (AESI), now known as Adventpower Inc. and Adventenergy Inc. for the supply of renewable energy.
EPI said it would provide electricity to Adventpower and Adventenergy from its 70-megawattpeak Cawag Solar Power Project (Phase 1) in Barrio Cawag, Subic Freeport Zone, Zambales.
The Aboitiz RES companies equip more than 500 facilities across the Philippines with reliable, innovative and sustainable energy solutions.
EPI said the deal strengthens the long-term partnership between EPI and AP, reflecting their shared vision of contributing to the national grid and advancing the country’s clean energy and decarbonization goals.
The Cawag solar power project is a key initiative in EPI’s renewable energy portfolio.
The phase 1 facility, with a total capacity of 70 MWp, is part of EPI’s broader strategy to expand solar energy production and reduce the country’s reliance on fossil fuels.
EPI said the capacity allocated under the PSA would be crucial in ensuring a stable supply of clean energy to Adventenergy and Adventpower’s portfolio of customers from the commercial and industrial market.
EPI’s parent firm Nickel Asia is a diversified natural resources development company in the Philippines, comprising six operating and two exploratory mines and interests.
