Araneta-led company planning to construct P41-b pumped-storage hydro plant in Laguna

📆 10/20/2022 2:15 AM
📰 MlaStandard

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BHC said in a draft environmental impact report submitted to the Department of Environment and Natural Resources the project would occupy five barangays in the municipalities of Pakil and Pangil. READ:

BHC said in a draft environmental impact report submitted to the Department of Environment and Natural Resources the project would occupy five barangays in the municipalities of Pakil and Pangil.

The company said it selected pumped-storage hydropower because it is the only available with mature technology to store large-scale energy.

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Araneta business group to spend ₧41B for hydropower plant - BusinessMirrorTHE group of businessman Gregorio Ma. Araneta III will invest P41 billion to put up an 800-megawatt (MW) pumped-storage hydropower facility in Laguna. “The proposed [project] in general is envisioned to augment power supply and contribute to energy security in the country as a renewable energy resource consistent with the strategy directions of the Philippine
Source: BusinessMirror - 🏆 19. / 59 Read more »