FDC Utilities Inc. and PHIVIDEC Industrial Authority have recently signed a land lease agreement for the additional 7.2 hectares of land to the existing 11.65 hectares allotted for the development of a solar power plant inside PHIVIDEC Industrial Estate in Villanueva, Misamis Oriental. The renewable energy project which will be developed by FDC Green Energy Corp. (FDCGEC) has been expanded from 11.5 megawatts (MW) to 20 MW.
FDC President & CEO, Mr. Juan Eugenio L. Roxas and PHIVIDEC Administrator/CEO Atty. Joseph J. Bernedo led the signing ceremony last January 23, 2024 at the PHIVIDEC-IA Administration Building, MCT Complex in Tagoloan, Misamis Oriental. More details HERE.
Accordingly, the project is in line with the government’s thrust in harnessing renewable energy. Last year, FDC and PHIVIDEC held the signing ceremony for the firm’s registration for the solar power project. Read previous post below.
