Six electric cooperatives in Mindanao have started their shift towards a more balanced mix of energy sources starting this year after signing up with the clean renewable energy of AboitizPower subsidiary Hedcor.
Zamboanga del Sur Electric Cooperatives 1 and 2 (ZAMSURECO 1 and 2), Zamboanga del Norte Electric Cooperative (ZANECO), Bukidnon Second Electric Cooperative (BUSECO), Misamis Occidental I Electric Cooperative (MOELCI I), and Siargao Electric Cooperative (SIARELCO) have signed Renewable Energy Supply Contract (RESA) with Hedcor which is building the 68.8-MW Manolo Fortich hydro power project in Bukidnon.
The project is slated for completion this year.
“We are happy to have provided the electric cooperatives in Mindanao with the renewable energy option. By signing up with Hedcor, there are giving their member-consumers the benefits of renewable energy as well as the benefits of a balanced mix of energy sources,” Hedcor VP for Mindanao Operations Rolando Pacquiao said.
Hedcor has signed up a total of 23MW of power contracted by its existing customers. Out of this, ZANECO which serves the area in and around Zamboanga del Norte and the cities of Dipolog and Dapitan has signed for a total of 10 MW. Zamsureco 1 and Zamsureco 2 which services the rest of Zamboanga peninsula signed for 3 MW each. BUSECO with franchise locations all over Bukidnon including areas in Malaybalay City, Manolo Fortich, and Valencia City, signed for 5 MW. While MOELCI 1, currently servicing some municipalities in Misamis Occidental, and SIARELCO, covering at least nine towns in Siargao island, each signed for 1 MW of power supply.
“We hope other electric cooperatives will take advantage of renewable energy to add to their portfolio and the benefits of a RESA contract,” Pacquiao said.
Hedcor, the largest developer of a run-of-river hydropower plant in the country, is set to complete its 68.8 Megawatt (MW) Manolo Fortich Hydropower Plants located in Bukidnon by third quarter this year.
These hydropower plants will produce 360-GWh of clean and renewable energy every year for the Mindanao grid ensuring ample power supply to meet the increasing power demands of the region.