PRESIDENT Ferdinand Marcos Jr. urged the National Grid Corporation of the Philippines (NGCP) to collaborate closely with government to ensure that the country’s energy infrastructure will remain “secure, reliable, and capable of meeting our growing demands.”
He made the remarks as he witnessed the signing of the connection agreement between the NGCP and the San Ignacio Energy Resources Development Corporation (SIERDC) for the construction of the Isabela Ground Mounted Solar Project (IGMSP), on Monday, June 10.
Once completed, the said project would generate about 440 megawatts of clean energy that amounts to about 700 gigawatts per year.
Its construction is seen to also boost the local economy of the province since 4,000 jobs will be created for the locals.
“This collaboration that we have formalized today is key to achieving our renewable energy goals and to ensure a stable power supply for all Filipinos, not just for today but for the future,” Marcos said in his speech.
He added: “Having more initiatives like this project will be a catalyst for our country’s positive transformation. For one, it will pave the way for a brighter future for all Filipinos by providing more clean energy to light our homes, to invigorate our schools, power our businesses, and fuel our industries.”
Marcos also acknowledged that the project aligns with the “renewable energy ambitions” of the country.
“Through this collective commitment, we will ensure that renewable energy is not just a source of power but a light, a guide, our north star, to show our nation’s resilience, innovation, and forward-thinking spirit,” Marcos said.
“Let us illuminate the path together towards a brighter tomorrow, where brilliance of sustainable energy will continue to shine as a beacon of hope for generations to come,” he added.
At present, the State Grid Corporation of China holds a 40 percent stake in the NGCP, with the remaining 60 percent owned by Filipino companies. (ABS-CBN News)
