ILOILO CITY: The city government and Korean firm Dream Eng. Company Ltd. on Wednesday signed a memorandum of agreement for the first solid-waste-to-energy project within the Calajunan dumpsite. Iloilo City Mayor Jed Patrick Mabilog and Dream Eng. Chairman Youn Pyo Hong joined hands in the project that is expected to generate more than six megawatts (MW) of electricity. Mabilog said of the total, one megawatt could be used to light up the industrial complex while five MW could be sold to the Panay Electric Co. under a power purchase agreement at a cost to be determined by the Energy Regulatory Commission. The mayor added that the renewable energy project will also address the garbage problem of the city and extend the life of the sanitary landfill from 11 to 30 years. The project will be built at no cost to the government. It will be finished in two years.