European Union Ambassador Franz Jessen has commended the efforts of the private sector in supplying and harnessing renewable energy in the country.
Ambassador Jessen made these remarks as he visited the Energy Development Corp. (EDC) in Burgos, Ilocos Norte on April 22. He was with German Ambassador Thomas Ossowski, Romanian Chargé d’Affaires, a.i Mr Mihai Sion, and Head of trade, Walter van Hattum, EU Delegation to the Philippines.
EDC is the largest producer of geothermal energy at 1,159 MW of installed capacity. With close to 40 years of pioneering geothermal industry experience, the company is a recognised world leader in wet steam field technology. Its renewable energy sources include hydro and wind power with the 132 MW Pantabangan-Masiway Hydro Electric Power.
The Burgos wind project is powered by European (Danish) wind systems turbines and as such a very good example of how EU and the Philippines can work together to power the country in a clean and efficient way.
“With a record high P 90 billion (€1.74 billion) reported investments in 2015, 37 percent of total, the EU continues to be the largest investor in the Philippines. More importantly, we invest in sectors that matter in terms of job creation and technology transfer. This is an excellent example where Philippine and European industry comes together for the benefit of sustainable development. We want more of that,” said the EU ambassador.