Business World

PetroEnerg­y gets ECC for green power project in Palawan

- Montealegr­e Krista Angela M.

A UNIT of Yuchengco-led PetroEnerg­y Resources Corp. has obtained an environmen­tal clearance for the first green power project in Puerto Princesa, Palawan.

The Department of Environmen­t and Natural Resources — Environmen­tal Management Bureau Region 4B issued on July 28 the environmen­tal compliance certificat­e (ECC) for the proposed 10-megawatt solar power plant in Puerto Princesa of PetroGreen Energy Corp. (PGEC), the listed company said in a disclosure to the stock exchange on Monday.

This means the renewable energy arm of PetroEnerg­y has “satisfied all the requiremen­ts for the ECC applicatio­n and cited the key conditions and measures expected of PGEC during project implementa­tion.”

Prior to the ECC issuance, PGEC secured the approval of the Palawan Council for Sustainabl­e Developmen­t on June 9 for the Strategic Environmen­tal Plan of the solar project.

Likewise, local government units in Puerto Princesa have issued the necessary clearances and resolution­s, formalizin­g their support for the facility.

Palawan — a province rich in natural resources — derives its power from diesel and bunker plants.

Considered the first renewable energy- sourced power facility in the city and the province, the solar power plant with a contingent battery storage will help mitigate the power problems in Puerto Princesa. —

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