Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings, said that the Department of Energy has awarded the business 500 MW of Wind Energy Service Contracts, allowing REDC to expand its portfolio of clean-energy plants across the country. These onshore and offshore wind contracts, each valid for 25 years, would allow the business to construct these wind farms in Real and Mauban, Quezon Province:
In addition to the three wind projects listed above, the business is developing the 100 MW Pandan Labayat Onshore Wind Farm in Quezon, which will span 2,025 hectares of land. The projects listed above are all located near the company's three (3) operational hydroelectric plants in the area, where it serves as a base for the province. It also runs a huge switching station that connects directly to the NGCP grid. A jetty port near REDC's property is now being built by one of the largest conglomerates, which intends to export its wind turbines by sea and will begin building its Quezon wind farm later this year. “REDC is committed to providing accessible, affordable, and sustainable energy to the underserved Filipino communities, and these new Wind Energy Service Contracts will allow us to succeed in continuing achieving this goal,” Eric Peter Y. Roxas, President and CEO of REDC, said. “Developing our wind-energy capabilities will complement our core capabilities in operating run-of-the-river hydropower plants, enabling REDC to continue enjoying its ongoing multi-year growth in revenue and net income.”
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