Meralco to source 1,500-MW renewable power in next 5 years
May 26, 2021 | 12:06 am
BW FILE PHOTO
MANILA Electric Co. (Meralco) plans to draw on renewable energy (RE) sources for 1,500 megawatts (MW) of its power needs in the next five years as the firm ramps up the construction of utility-scale renewables plants, a company official said on Tuesday.
“We aim to accelerate our transition to cleaner energy as we pledge to source 1,500 MW of power requirements from renewable energy sources in the next five years,” Meralco Chief Executive Officer and President Ray C. Espinosa said during the company’s annual stockholders’ meeting held virtually on Tuesday.