PH, South Korea sign agreement on renewable energy cooperation

The Philippines and South Korea have inked an agreement to implement a memorandum of understanding signed in Seoul in June 2018 on renewable energy cooperation.

In a statement, South Korea’s Ministry of Trade, Industry and Energy said its vice minister, Cheong Seung-il, and Philippine Defense Undersecretary Cardozo Luna signed the implementing agreement Seoul on Oct 25.

Through the MOU, South Korea is helping DND’s (Department of National Defense) plans to build solar photovoltaic and other platforms of renewable power generation, which are intended to supply electricity to military facilities and surrounding areas.

In particular, South Korean entities are expected to take part in the development of projects that altogether represent 100 megawatts of generating capacity.

The MOU was among several agreements that were formally adopted during President Duterte’s visit to Seoul in 2018.

The full name is MOU for Cooperation on the Expansion of Renewable Energy Deployment between the DND of the Philippines and the Ministry of Trade, Industry and Energy of Korea.

DND Secretary Delfin Lorenzana signed for the Philippines, opposite Korea’s minister, Paik Ungyu.