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Nickel Asia Corp. (NAC) announced that its renewable energy (RE) unit has partnered with retail energy supplier (RES) Mabuhay Energy Corp. (MECO) to supply clean energy.
In a statement, NAC’s Emerging Power Inc. (EPI) said that, along with its subsidiaries Jobin SQM Inc. (JSI) and Northern Palawan Power Generation Corp., it will supply a portion of power to MECO.
The power supply will be generated from the 72-megawatt-peak (MWp) Subic new photovoltaic (PV) power plant and the incoming phase one of the 70-MWp Cawag solar power plant.
“JSI currently owns and operates two solar facilities in Subic, Zambales, and is actively developing the Cawag solar power plant alongside other RE projects in other parts of the country,” EPI stated.
MECO is a wholly owned RES unit of the Aviva group, which has been providing energy solutions since 2017.
Roy Joseph Fernandez, president and chief executive officer of EPI, commended their recent partnership with MECO as the company aims to expand its services and integrate eco-friendly energy 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,” he said.
“Through our expanding solar portfolio, which includes the Subic and Cawag power plants, we steadfastly aim to contribute to the Philippines’ RE goals which should help enhance the country’s energy security in the near term.”
NAC currently operates seven nickel mines, holds a 10-percent stake in the Taganito HPAL project, and is also growing its RE portfolio.
