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Basic Energy gets green light to proceed with Cadiz solar project
Basic Energy Corporation (BEC) has received a certificate of authority from the Department of Energy (DOE) for its Cadiz 1 Solar Power Project in Negros Occidental.
This approval allows BEC to begin critical development activities, including securing permits from government agencies and local government units.
The 43-megawatt peak (MWp) project is also set to enable the company to initiate procurement activities in preparation for its 25-year Solar Energy Operating Contract (SEOC).
BEC will conduct a system impact study with the National Grid Corporation of the Philippines to ensure seamless grid integration.
The company's vice chairman and CEO, Oscar De Venecia, Jr., stated that this milestone reinforces BEC's commitment to expanding renewable energy solutions in the Philippines.
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