Business > Corporate News
REDC to build seawater pumped storage hydropower plant

REPOWER Energy Development Corp. (REDC), a subsidiary of Pure Energy Holdings Corp. said on April 22, will be constructing a seawater pumped storage hydropower facility in Real, Quezon.

The Department of Energy (DoE) has given REDC a hydropower service contract for the 320-megawatt (MW) facility following the signing of a memorandum of agreement (MoA) with Austria-based Gugler Water Turbines GMBH to develop similar projects in the Philippines.