Four more firms cleared for DoE’s green energy option program

THE DEPARTMENT of Energy (DoE) has cleared four more renewable energy (RE) suppliers for the green energy option program (GEOP), bringing the number of approved firms to ten.

On Friday, the DoE posted on its website the four new eligible RE firms: Citicore Energy Solutions, Inc.; Aboitiz Energy Solutions, Inc.; Prism Energy, Inc.; and Adventenergy, Inc.

The GEOP is a voluntary policy mechanism which allows users consuming at least 100 kilowatts of power to source their supply from qualified retail energy suppliers that generate electricity from renewables.

Firms that want to participate in the GEOP need to secure an operating permit from the DoE’s Renewable Energy Management Bureau. Those with permits are allowed to supply electric power to end-users, according to a department circular issued in April last year.

In January, the DoE released the list of the first batch of firms that qualified for the program: Bacman Geothermal, Inc.; First Gen Energy Solutions, Inc.; SN Aboitiz Power-Magat, Inc.; SN Aboitiz Power-Res, Inc.; AC Energy Philippines, Inc.; and Sparc-Solar Powered Agri-Rural Communities Corp. — A.Y. Yang

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