Cebu-based SPC Power Corp., whose power-producing assets consist of diesel-fed and coal-fired generators, is pursuing opportunities in hydro and solar amid the global energy shift to clean fuel.
“Our company has been looking seriously at projects in the solar and battery [storage systems] areas of the renewables space,” SPC Power chair Alfredo Henares said in a press briefing.
“In fact, we have closely reviewed a couple [of projects] this year, and we will be making an investment in batteries,” Henares said.
Some of SPC Power’s existing assets are the 146.6-megawatt (MW) Panay diesel-fired power plant in Iloilo, 22-MW Bohol diesel power plant in Tagbilaran City and 300-MW Naga c…
Keep on reading: From diesel to renewables: Cebu-based power firm embraces change