The Local Government Unit of Bauang, represented by Mayor Menchie C. Lomboy-De Guzman, M.D., and the Philippine National Oil Company (PNOC) – Renewable Corporation, represented by Mr. Pedro L. Lite Jr. (EVP/COO) and Mr. Jose Mari D. Luzuriaga (Business Development Specialist), signed a consultancy agreement for the technical study, design, preparation and review of the public bidding, documentation and project implementation of Solar Rooftop and Solar Powered/LED Street light project via agency to agency agreement.
The project is in support of the country’s campaign to mitigate the negative impacts of climate change by shifting to renewable energy sources and reducing dependence on fossil fuels. It is also expected to yield monetary savings at the same time provide an energy-efficient workplace to the Local Government Unit of Bauang.
PNOC RC projects are anchored under the Republic Act No. 9513, otherwise known as the “Renewable Energy Act of 2008”, which declares that it is a state policy to accelerate the exploration and development of renewable energy resources, increase the utilization of renewable energy by institutionalizing the development of national and local capabilities in the use of renewable energy sources, and promoting its efficient and cost effective commercial application by providing fiscal and non-fiscal incentives.