TRANS-ASIA Renewable Energy Corporation (TAREC) is confident it will achieve stronger financial results this year primarily due to generation revenues from its 54-megawatt (MW) San Lorenzo wind farm in Guimaras, Iloilo.
The Guimaras wind mill received its Certificate of Compliance (CoC) last December 11 from the Energy Regulatory Commission (ERC), which entitles TAREC to charge a feed-in tariff (FIT) rate of P7.40 per kilowatt-hour for the power generated by the facility.
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