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Green energy group hopeful Meralco will exit Atimonan coal project


Green energy group hopeful Meralco will exit Atimonan coal project
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Metro Manila (CNN Philippines, April 30) The Power for People Coalition (P4P) is optimistic the proposed coal-fired power plant of the Manila Electric Company in Atimonan, Quezon will not push through.
This, as an energy consortium pulled out from financing the 660-megawatt Subic coal project which is under Redondo Peninsula Energy Inc. (RP Energy). It is a joint venture between Meralco’s generation arm Meralco PowerGen, Aboitiz Power Corporation, and Taiwan Cogeneration Corp.
We hope the shelving of the Subic project means Meralco is finally starting to see sense and would soon have more coal cancellations to announce, Gerry Arances, convenor of P4P, said in a statement. ....

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Green energy group lauds cancellation of 660-MW Subic coal project


By TED CORDERO, GMA News
Published April 28, 2021 7:51pm
The Power for People Coalition (P4P) on Wednesday lauded the cancellation of an energy consortium’s plan to put up a 660-megawatt coal fired power plant in Subic, Zambales.
In a statement, P4P said Redondo Peninsula Energy Inc., a joint venture between Meralco’s generation arm Meralco PowerGen, Aboitiz Power Corporation, and Taiwan Cogeneration Corp., has said it will no longer pursue the coal-fired plant project.
The consortium has announced that it will move away from coal and is reserving the site for a possible gas project.
“While the cancellation of the Subic coal plant is a welcome development, we no longer find it surprising given the many triumphs that groups advocating for clean energy have won over it,” said Gerry Arances, Convenor of P4P. ....

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