The Philippine Economic Zone Authority (PEZA) has signed a partnership agreement with Japan International Cooperation Agency (JICA) and Japan-based Advantec Philippines Incorporation for the development of renewable energy (RE) projects in the Philippines. The project is a part of JICA’s public-private partnership (PPP) promotion program.
Under the partnership, Advantec will introduce 3.6 million kW annual energy solar power technology in the Pampanga Economic Zone. Additionally, Advantec will conduct a feasibility study to assess the viability of the solar power technology operation in the economic zone and its adaptability to Philippine laws and regulations. The study also aims to identify which PEZA rooftops or land areas will be used for the pilot project sites.
The project is expected to reduce 1,200 tons of CO2 annually.