FDC Green Energorporation (FDCGEC), a subsidiary of Filinvest Development Corporation (FDC), has announced plans to increase the capacity of its solar project from 11.5 MW to 19.78 MW in the Philippine Veterans Investment Development Corporation (Phividec) Industrial Estate in Misamis Oriental.
The announcement was made following the feasibility studies. FDCGEC has secured a 25-year solar energy operating contract from the Department of Energy. The project was installed with over 34,000 monocrystalline solar panels which can supply 30,450 MWh of energy annually to the National Grid Corporation. Further, FDCGEC has expanded its land lease agreement with the Phividec Industrial Estate by 7.2 hectares.
