DND, KESCO sign MOU for solar power projects

Business & Finance

In line with the government efforts to shift alternative energy sources, the Department of National Defense (DND) and Korea Electrical Safety Corporation (KESCO) on Tuesday signed a memorandum of understanding (MOU) for solar power projects at Camp Aguinaldo, Quezon City.

The MOU is for the development and implementation of solar panel projects in selected DND facilities throughout the country, including Camp General Macario Peralta Jr., Jamindan, Capiz in Central Visayas and Camp Kibaritan, Kalilangan, Bukidnon in Mindanao, as well as other defense facilities, with an initial rated capacity of 50 and 100 megawatts, respectively. These are all donations.

DND Secretary Delfin Lorenzana, in his speech, thanked KESCO for its generosity and valuable contribution to the country’s renewable energy projects.

“Today’s activity goes hand-in-hand with the global initiative to shift toward green energy and economy to drastically decrease harm against the planet,” he said.

The new agreement is in accordance with the existing MOU of the Philippines with the Ministry of Trade, Industry and Energy of the Government of the Republic of Korea (MOTIE-ROK) on the Expansion of the Renewable Energy Deployment, which was signed during the state visit of President Rodrigo Duterte on June 4, 2018.

“To strengthen the energy competitiveness of the Philippines, we hope that both governments will join together to continue to support the success of this partnership,” KESCO president Jihyun Park.

KESCO is a government corporation under the MOTIE-ROK in Seoul, South Korea

Source: Philippines News Agency

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