Peza to harness solar energy for ecozones

The Philippine Economic Zone Authority (Peza) has partnered with a local renewable energy firm to establish two solar facilities for economic zones in Cavite and Baguio.

Peza said on Thursday it had signed a memorandum of understanding with Upgrade Energy Philippines Inc. (UGEP) on Sept. 22, with the first phase of the cooperation involving the establishment of a 10-megawatt solar facility each at the Cavite Economic Zone (CEZ) and Baguio City Economic Zone (BCEZ).

The investment promotion agency said it would conduct feasibility studies in the two economic zones to determine the viability of the two projects in the first phase.

The generated power can be sold to locator firms a…

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