Kinergy Advancement Bhd (KAB) has partnered with LCS Holdings Incorporation to jointly develop and operate a 20 MWp solar photovoltaic (PV) plant in Ilocos Sur in the Philippines.
KAB Energy Holdings Sdn Bhd (Kabeh), a subsidiary of KAB, has entered into a non-binding heads of agreement (HoA) with LCS for the joint development. LCS has secured a solar energy service contract (SESC) issued by the Department of Energy (DOE). Additionally, LCS has also secured all the necessary contracts and permits for the solar farm project.