Basic Energy and Renova Form Strategic Partnership for Wind Power Project

Basic Energy Corporation has announced a strategic partnership with Renova, a global renewable energy company, to develop a significant wind power project in the Philippines. This collaboration was officially disclosed on February 18, 2025, signaling an important step towards enhancing the country’s renewable energy capacity and advancing its commitment to sustainability.

The partnership aims to harness the abundant wind resources in the Philippines, contributing to the government’s efforts to increase the share of renewable energy in the national power portfolio. 

“This collaboration represents our commitment to clean energy and our determination to support the Philippines in achieving its renewable energy targets,” said Basic Energy President and CEO, Ignacio B. S. Villarosa.

The project is expected to not only generate clean energy but also create job opportunities in the local communities and stimulate economic growth. Both companies are optimistic about the project’s potential impact on reducing carbon emissions and promoting environmental sustainability in line with global climate goals.

The partnership between Basic Energy and Renova reflects a growing trend of collaboration in the renewable energy sector, as companies seek to leverage their expertise and resources to address the increasing demand for sustainable energy solutions. 

As the project progresses, stakeholders will closely monitor its developments, given its implications for the Philippine energy landscape.