The Municipality of Hermosa officially received its share of funds allocated for the host LGU of power plants according to the DOE Energy Regulations I-94 established by RA 7638, Monday morning.
The funds were formally handed over by Jobin SQM, Inc., Asst. Vice President and HR & Corporate Services Head April Ann Nerva, together with Mayor Jopet Inton, at the Hermosa Assembly Hall. Mayor Inton said the funds will be used for livelihood assistance for the fishermen by purchasing equipment for their occupations.
The barangay MRF (Material Recovery Facility) project, on the other hand, aims to improve and enhance the management of waste in the barangays, resulting in cleaner streets, rivers, and surroundings. Also present were Jobin SQM, Inc. Community Relations Asst. Manager Angeli Eclevia-Albarda, Pollution Control and Environment Asst. Manager Patrick Reden Valenzuela. From the LGU side, Municipal Agriculturist Head Vincent Mangulabnan and Hermosa MENRO Head Jesus De Luna also joined.
Jobin SQM, Inc. is a wholly-owned subsidiary of Emerging Power Inc. (EPI), which is the renewable energy arm of Nickel Asia Corporation, the Philippines’ largest producer of lateritic nickel ore. Jobin SQM, Inc. currently operates a 32 MW solar plant in the Subic Bay Freeport, which it plans to expand to 100 MW by 2021. Mayor Inton expressed his gratitude to Jobin SQM, Inc. for their continuous partnership and cooperation for the continuous development of Hermosa. Jobin SQM Inc. currently operates a 32 MW solar plant in the Subic Bay Freeport which it plans to expand to 100MW. Jobin SQM Inc. is also partnering with TBEA Co., Ltd of China, a leading manufacturer of power equipment, for equity investment that will finance its solar generation capacity.
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