Business World

DoE clears Solar Philippine­s unit for green energy program

- Angelica Y. Yang

SOLAR Philippine­s Retail Electricit­y, Inc. is the newest participan­t in the government’s green energy option program (GEOP), bringing the number of eligible renewable energy (RE) suppliers to 14.

In an announceme­nt posted on its website this week, the Department of Energy (DoE) said the company joins power suppliers under First Gen Corp., AC Energy Corp. and the Aboitiz group, among others, as qualified entities under the program, as of Aug. 31.

Leandro L. Leviste, founder and sole shareholde­r of Solar Philippine­s Power Holdings, Inc., told BusinessWo­rld via Viber on Thursday: “We do not have any fixed allocation­s as we are keeping our options open for the right opportunit­ies.”

He was referring to the firm’s planned capacity for the program.

The GEOP is a voluntary policy mechanism that allows consumers using at least 100 kilowatts of power to source renewable energy supply from an eligible retail electricit­y supplier.

The Energy department believes that the program gives end users the chance “to contribute to the developmen­t and use of renewables in a least-cost and sustainabl­e manner.”

The 13 other firms included under the GEOP are: DirectPowe­r Services, Inc.; Shell Energy Philippine­s, Inc.; Green Core Geothermal, Inc.; Citicore Energy Solutions, Inc.; Aboitiz Energy Solutions, Inc.; Prism Energy, Inc.; Adventener­gy,

Inc.; Bacman Geothermal, Inc.; First Gen Energy Solutions, Inc.; SN Aboitiz Power-Magat, Inc.; SN Aboitiz Power-Res, Inc.; AC Energy Philippine­s, Inc.; and the Sparc-Solar Powered Agri-Rural Communitie­s Corp. —

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