LINGAYEN, Pangasinan—Gov. Ramon V. Guico III signed a Memorandum of Agreement with San Miguel Global Power (SMGP BESS Power Inc.) for the establishment and administration of trust accounts in accordance with DOE DC2018-08-0021 on the accrued financial benefits from the commercial operations of Battery Energy Storage System Facility at San Manuel Municipality.
Enrico dela Torre, Stakeholder Management and Community Relations Manager, represented SMGP BESS Power Inc. in a ceremony held on September 11 at the Urduja Ceremonial Hall here.
Vice Gov. Mark Ronald Lambino, Carlo Fernand M. Fabia, and Exequel D. Madrid, both MCC operators for the SMGP, witnessed the signing.
As stated in the agreement, on August 7, 2018, DOE issued Department Circular No. DC2018-08-0021 amending the purpose of Rule 29(A) of the EPIRA-IRR to accelerate socio-economic development, have a more effective and efficient utilization of the funds, and enforce the immediate provision of benefits to host communities.
Before the signing of the MOA, SMGP, through Dela Torre, presented their project known as Battery Energy Storage System (BESS).
The AVP presentation showed that SMGP is energizing a sustainable future through BESS.
BESS facilities contribute to San Miguel Global Power’s commitment to expanding the country’s energy mix and paving the way for sustainable energy.
It further stated that BESS is a safe, clean, and scalable technology that can help support and address energy demand in the country.
Quoting what the President said during the inauguration of the 50 MW San Miguel Global Power Battery Energy Storage System Facilities in Limay Bataan, ‘This technology (BESS) is carving a distinct path towards a more energy-secure and sustainable future for the country. Indeed, it promises great rewards for the country; not only will we be able to generate sufficient reliable and clean energy, leading to more affordability of energy and, of course, generating jobs for the people.’
Gov. Guico earlier said Pangasinan is going to play a key role in contributing to the country’s power requirement.
Provincial Legal Officer Atty. Baby Ruth Torre was also present during the signing. (Chona C. Bugayong, Orlan Llemos, JP De Vera/PIMRO)
