Emerging Power Inc. (EPI), the renewable energy arm of Nickel Asia Corp., said Monday it teamed up with Mabuhay Energy Corp. (MECO), a licensed retail energy supplier (RES), to supply clean energy to consumers.
EPI said in a statement its subsidiaries—Jobin SQM, Inc. (JSI) and Northern Palawan Power Generation Corp., would provide MECO with a portion of the power generated from two major solar projects, specifically the 72.128-megawatt peak (MWp) Subic power plant and the upcoming 70-MWp Cawag Solar Power Plant (Phase 1).
EPI, through JSI, owns and operates two solar facilities in Subic, Zambales and is actively developing the Cawag Solar power plant alongside other renewable energy projects in other parts of the country.
The partnership supports EPI’s mission to drive the country’s transition to sustainable energy through large-scale renewable initiatives.
“We are honored to have been chosen by MECO as a partner in expanding their business of delivering clean and sustainable energy to their RES customers,” said EPI president and chief executive Roy Joseph Fernandez.
“Through our expanding solar portfolio, which includes the Subic and Cawag power plants, we steadfastly aim to contribute to the Philippines’ renewable energy goals which should help enhance the country’s energy security in the near term,” he said.