Manila, Jan. 18 -- A 50-megawatt solar power plant will soon rise in the village of Vista Alegre in this city. The development of the first large-scale renewable energy project in Bacolod, with an estimated cost of PHP2 billion, kicked off with the signing of the memorandum of understanding (MOU) between the partner-developers held at L' Fisher Hotel here Thursday night.
Mary Grace Helene Buhain, president and chief executive officer of Amatera Renewable Energy Corp., and Charles Ji, president of TPC Construction Corp., signed the agreement on behalf of their respective companies.
"The vision of Amatera goes beyond business, but the social responsibility to benefit everyone," Buhain said.
The Bacolod-based company, which is leasing the 7...