Representatives from Surigao del Norte, Agusan del Sur, and Zamboanga City in Mindanao signed a memorandum of cooperation (MoC) with Hydrogen de France S.A. for the establishment of renewable power plant projects in Davao City. The projects are set to produce green hydrogen and generate stable power supply for the provinces and city. HDF plans to invest USD1.5 billion in constructing at least 10 Renewstable power plants in Mindanao, focusing on areas with insufficient power supply. The initiative aims to address high electricity rates and power issues in regions like Surigao del Norte and Agusan del Sur. Officials anticipate positive outcomes such as lower electricity costs, improved power reliability, and job creation. The project received praise from local officials, with expectations that it will bring economic benefits and technological advancement to the regions involved. The cooperation signifies a step towards sustainable energy development and addressing power challenges in the respective areas. The initiative aligns with President Ferdinand Marcos Jr.’s administration's efforts to promote public-private partnerships and create a conducive environment for investors. The development is viewed as a significant achievement in enhancing the business landscape and facilitating investments in renewable energy projects in Mindanao.