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Repower Energy to develop country’s 1st seawater pump storage hydropower project

By: Miguel R. Camus
April 22, 2024
1:50PM PHT
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Repower Energy Development Corp. (REDC), a subsidiary of the Tiu family-led Pure Energy Holdings Corp., received a hydropower service contract from the Department of Energy (DOE) to develop a 320 Megawatt seawater pumped storage hydropower facility in Real, Quezon.

This initiative follows a Memorandum of Agreement with Austria's Gugler Water Turbines GMBH to develop similar facilities across the Philippines. 

The groundbreaking project in Luzon will be the first in the country, utilizing the coastline for unlimited seawater intake, with REDC funding the pre-feasibility studies and initial activities from internally generated funds.  

“The development of a seawater pumped storage hydropower facility in Real, Quezon

shall be the first of its kind in the Philippines, thus allowing the company to be a pioneering force in this particular area of clean energy,” said Eric Peter Y. Roxas, president and CEO of REDC. 

About the author
Miguel R. Camus
Miguel R. Camus

Miguel R. Camus has been a reporter covering various domestic business topics since 2009.

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