POWER distributor Manila Electric Co. (Meralco) said it is looking for possible local and international partners to help it develop renewable energy (RE) projects.
“Given the global developments on RE, and especially solar, Meralco is itself interested in exploring partnerships with local and global players,” the company’s senior vice president for customer retail services and corporate communications, Al Panlilio, said.
Meralco believes solar energy offers huge potential for growth. “We think that the RE space will grow, and we want to be part of that growth,” Panlilio said.
The company said it recognizes the need for safety in operating a solar power distribution grid.
“We need to understand that the solar installation in a house or business can affect the stability and safety of the distribution grid and may place other nearby customers at risk,” he said.
Panlilio said the firm also recognizes that solar photovoltaic installations that are synchronized with the grid are dependent upon the quality of power delivered by the distribution utility.
Supporting the use of solar energy is in line with the vision of Meralco Chairman Manuel Pangilinan to embrace change and innovation.
“He believes that Meralco should stay ahead of the curve on solar and renewable energy and on point with customers abreast with technology,” Panlilio said.
Anne Reodica, Meralco program manager for renewables, said although there are solar PV installation standards mandated by the government, there are, unfortunately, no standards set for the accreditation of solar contractors, while equipment standards are yet being developed.
Earlier, Pangilinan announced the company plans to venture into renewable energy, noting that, “the infrastructure cost of renewables, particularly solar and wind, have been decreasing.”