EEI Corp. said it had signed a memorandum of understanding with Industry Holdings and Development Corp. (IHDC) to explore and co-develop three potential solar farms with an expected output of 150 megawatts.
“In our Company’s undertakings, we uphold the global push for clean and renewable energy. This endeavor with IHDC is an opportunity for EEI to further promote environmental sustainability,” Henry D. Antonio, EEI president and chief executive officer, told the stock exchange on Wednesday.
