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September 1, 2023

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Basic Energy eyes 168-MW wind project in Batangas

MANILA  -After winning a service contract from the Department of Energy (DOE), listed Basic Energy Corp. (BEC) will develop a wind project in Batangas province in the next five years in a goal to boost the Luzon grid’s generation capacity by up to 168 megawatts (MW). In a stock exchange disclosure on Friday, BEC said…

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Basic Energy Corp says to add nearshore wind project in Balayan

MANILA – Basic Energy Corp said on Friday the Department of Energy approved its Wind Energy Service Contract (WESC) for its Balayan Nearshore Wind Power Project. The new WESC was approved just weeks after the DOE approved the contract for its Panay Onshore Wind Power Project, Basic Energy said in a disclosure to the stock…

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