PETROGREEN Energy Corp. (PGEC), the renewable energy (RE) holding unit of publicly-listed PetroEnergy Resources Corp. (PERC), reached the 1-billion generation mark last Saturday.
PGEC’s power production comes from three renewable energy plants – the 20MW Maibarara-1 geothermal plant in Sto. Tomas, Batangas, the 36 MW Nabas-1 wind project in Aklan, and the 50MWDC Tarlac-1 solar facility in Tarlac City.
Beginning from their respective commercial operation date, Feb. 8, 2014 for Maibarara geothermal, June 10, 2015 for Nabas wind, Feb. 10, 2016, these three facilities contributed 62.52 percent, 23.78 percent, and 13.70 percent respectively to the aggregate 1 billion kwh output reached on Dec. 2. (PR)