Vivant Corporation plans to commence construction on four renewable energy projects, including one wind farm and three solar power plants, with an estimated total investment of P4.5 billion this year. The company aims to allocate around P4.50 billion for these projects, as part of its broader strategy to invest P15 billion in renewable energy initiatives up to 2030.
VIVANT Corp. plans to start the construction of one wind and three solar power projects, with an estimated total cost of P4.5 billion, within the year.'...I think we're breaking ground on four projects this year — three solar power plant projects and then one wind project,' Vivant CEO Arlo Sarmiento told reporters at an event last week.'Overall, we are allocating a total of around P4.50 billion for them,' he added.
Sarmiento told reporters that not all of their energy projects would be under the Department of Energy's Green Energy Auction Program .'ome of the electricity we will be producing, we would be selling to our own retail energy supplier , and that's one of our newer strategies that we're trying to execute, which is building plants and then bringing them to the retail market,' he added.Business unit Vivant Renewable Energy Corp.
RENEWABLEENERGY WINDPOWER SOLARPOWER INVESTMENTS PHILIPPINES
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