Aseagas Corp., a subsidiary of Aboitiz Equity Ventures Inc. (AEV), said it expects to complete the construction of its $50 million (P2.2 billion) biomass power facility in Lian, Batangas by the middle of next year.
Manuel Lozano, chief finance officer of AboitizPower, another subsidiary of AEV, said the biomass plant, which will be the first in the country, is expected to generate 8 megawatts (MW) of renewable energy (RE).
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.