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Listed SPC Power Corp. expects an additional 500 megawatts of new power generation capacity in the next five years.
Henares did not disclose other project details but said SPC is also evaluating a stand-alone battery energy storage system to support the grid power stability and prepare for any related market potential. SPC executive vice president James Roy Villareal said the company would focus this year on sustaining current operations and RE projects.
He said the company is exploring and developing several solar, a hydro and battery energy storage projects.
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