EPI Starts Construction of Subic RE Projects.
Author: Darvin Tocmo Date Posted:21 September 2015
Emerging Power Inc. (EPI), a Filipino-owned renewable energy company, has started the development of its multi-million dollar RE projects in the Subic Special Economic Zone in Zambales. EPI held a groundbreaking ceremony for its solar and wind power projects at Mt. Sta. Rita. According to Juan Bayani Baylon, Nickel Asia Corp. (NAC) vice president for corporate communication, the company would initially build the substation while the construction of the renewable energy project would start next month. "Construction will begin September 21 on the substation to be erected next to the current SBMA substation. By October construction will begin on the solar and wind power area," he said. The Mt. Sta. Rita solar project is expected to be commissioned in February and commercially operational by June 2016. The solar project will have a capacity of 100 MW while the wind project will have 50 MW. Both are part of EPI's expansion of green energy operations through a 90% entry in Jobin-Sqm Inc. Located with Subic Bay Free port. Besides the Subic project, EPI is also putting up a 40 MW geothermal power company in Oriental Mindoro, a 30 MW solar and bunker hybrid project in Palawan, a 10 MW solar project in Camarines Sur and a 2.5 MW bio-gas project in the province of Quezon. EPI is majority owned by listed Nickel Asia Corp. (NAC), one of the country's biggest mining firms. Find more information at: http://www.philstar.com/business/2015/09/21/1502031/epi-starts-development-subic-re-projects