Our Business

PetroGreen Energy Corporation (PGEC) - PGEC was incorporated on March 31, 2010, to undertake PERC's renewable energy projects. In 2022, Kyuden International Corporation (KIC), the overseas investment arm of Japan’s Kyushu Electric Power Co., acquired 25% equity share in PGEC, while PERC remained to hold 75% of PGEC. The partnership has investments in several JV projects in geothermal, solar, and wind energy.

Maibarara Geothermal Inc. (MGI) - MGI is a joint venture corporation among PGEC (65%), AC Energy Philippines (25%), and PNOC Renewable Corporation (10%). MGI developed and now operates the 20 MW Maibarara-1 and 12 MW Maibarara-2 Geothermal Power Project (MGPP) located in Sto. Tomas, Batangas. Maibarara-1’s development is considered among the fastest in the Philippine geothermal energy industry and was considered to be the only new geothermal power plant erected in the Philippines since 2014

PetroWind Energy Inc. (PWEI) - PWEI was incorporated on March 6, 2013 to develop and operate the 50 MW Nabas Wind Power Proect (NWPP) in Nabas-Malay, Aklan. PWEI’s shareholders are PGEC (40%), Thailand’s BCPG Public Company Ltd. (40%), and PERC (20%). The first phase (36 MW Nabas-1) of the wind farm was commissioned in June 2015, while, the second phase (14 MW Nabas-2) is still on pre-development phase. Nabas-1 is erected at an elevation of 300-500 in the foothills of northern Aklan making it the country’s highest perched wind farm to date.

PetroSolar Corporation (PSC) - On March 25, 2015, PSC signed the service contract with the Department of Energy (DOE) to develop and operate the 50 MWdc Tarlac Solar Power Project (Tarlac-1) in Central Technopark, Tarlac City. Tarlac-1 was successfully commissioned on February 10, 2016, making it one of earliest qualifiers for the solar feed-in-tariff. PSC expanded the facility to add another 20MWdc operating unit (Tarlac-2), which was successfully put online in May, 2019.

Rizal Green Energy Corporation (RGEC) - RGEC was formed on August 31, 2023 to develop several solar power projects in the Philippines through the following investment vehicles – Dagohoy Green Energy Corporation (DGEC) for Bohol, Bugallon Green Energy Corporation (BGEC) for Pangasinan, San Jose Green Energy Corporation (SJEC) for Nueva Ecija, and Limbauan Green Energy Corporaiton (LGEC) for Isabela.

Buhawind Energy Corporation (BEP) - BEP is a joint venture between PetroGreen Energy Corporation (PGEC) and Denmark’s Copenhagen Energy (CE). The partnership was formalized in 2022 and has formed three investment vehicles to develop offshore wind power projects in the country – (1) Buhawind Energy Northern Mindoro Corporation (BENMC), Buahwind Energy East Panay Corporation (BEEPC), and Buhawind Energy Northern Luzon Corporation (BENLC).

EcoSolar Energy Corporation (ESEC) - ESEC was formed in November 2024 to undertake project development in new and emerging technologies such as energy storage systems.